New World Resources (LSE:NWR) Interest Expense: £-35.12 Mil (TTM As of Dec. 2015)

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What is New World Resources Interest Expense?

New World Resources LSE:NWR Interest Expense is £-35.12 Mil as of Dec. 2015. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New World Resources's interest expense for the three months ended in Dec. 2015 was £ -14.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was £-35.12 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. New World Resources's Operating Income for the three months ended in Dec. 2015 was £ -8.57 Mil. New World Resources's Interest Expense for the three months ended in Dec. 2015 was £ -14.45 Mil. New World Resources did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


New World Resources  (LSE:NWR) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

New World Resources's Interest Expense for the three months ended in Dec. 2015 was £-14.45 Mil. Its Operating Income for the three months ended in Dec. 2015 was £-8.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was £249.97 Mil.

New World Resources's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

New World Resources did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


New World Resources Interest Expense Historical Data

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The historical data trend for New World Resources's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New World Resources Interest Expense Chart

New World Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -53.92 -53.30 -52.89 -45.30 -34.64

New World Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.05 -6.41 -6.08 -8.18 -14.45

New World Resources Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was £-35.12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of £-35.12 Mil mean?
New World Resources (LSE:NWR) has a Interest Expense of £-35.12 Mil as of Dec. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on New World Resources and its competitors.
Is New World Resources' Interest Expense too high?
New World Resources' current Interest Expense is £-35.12 Mil.
How does New World Resources' Interest Expense compare to WMLPQ?
New World Resources' Interest Expense of £-35.12 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Other Energy Sources company?
A good Interest Expense depends on the Other Energy Sources industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on New World Resources and its competitors. New World Resources's current Interest Expense is £-35.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New World Resources stock overvalued right now?
New World Resources (LSE:NWR) has a current Interest Expense of £-35.12 Mil. The current Interest Expense is £-35.12 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For New World Resources (LSE:NWR), the current Interest Expense is £-35.12 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New World Resources Business Description

Address Herengracht 448, Amsterdam, NLD, 1017 CA
New World Resources PLC is a coking and thermal coal producer for the steel and energy sectors in Central Europe. The company's hard coal reserves are situated in the Upper Silesian basin, covering an area of approximately 120 square kilometers. The company's customer includes ArcelorMittal, U.S. Steel, voestalpine, Dalkia, CEZ, Verbund, Moravia Steel, and ThyssenKrupp. New World Resources operates in Czech Republic, Slovakia, Austria, Poland, and Germany.