Paragon Resources (LSE:PAR) Interest Expense: £-0.00 Mil (TTM As of May. 2014)


What is Paragon Resources Interest Expense?

Paragon Resources LSE:PAR Interest Expense is £-0.00 Mil as of May. 2014.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paragon Resources's interest expense for the six months ended in May. 2014 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2014 was £-0.00 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. Paragon Resources's Operating Income for the six months ended in May. 2014 was £ -0.15 Mil. Paragon Resources's Interest Expense for the six months ended in May. 2014 was £ 0.00 Mil. Paragon Resources has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Paragon Resources  (LSE:PAR) 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.

Paragon Resources's Interest Expense for the six months ended in May. 2014 was £0.00 Mil. Its Operating Income for the six months ended in May. 2014 was £-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2014 was £0.00 Mil.

Paragon Resources's Interest Coverage for the quarter that ended in May. 2014 is calculated as

Paragon Resources had no long-term debt (1).

* 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.

Paragon Resources Interest Expense Historical Data

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The historical data trend for Paragon 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.

Paragon Resources Interest Expense Chart

Paragon Resources Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 May13 May14
Interest Expense
Get a 7-Day Free Trial -0.06 -0.01 -0.60 0.00 -0.07

Paragon Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Nov13 May14 Nov14
Interest Expense Get a 7-Day Free Trial 0.96 -0.42 -0.08 0.00 -0.00

Paragon 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 May. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.00 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 £-0.00 Mil mean?
Paragon Resources (LSE:PAR) has a Interest Expense of £-0.00 Mil as of May. 2014. Interest Expense is the amount a company pays on its long-term debt. View historical data on Paragon Resources and its competitors.
Is Paragon Resources' Interest Expense too high?
Paragon Resources' current Interest Expense is £-0.00 Mil.
How does Paragon Resources' Interest Expense compare to competitors?
Paragon Resources' Interest Expense of £-0.00 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Interest Expense depends on the Conglomerates 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 Paragon Resources and its competitors. Paragon Resources's current Interest Expense is £-0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Resources stock overvalued right now?
Paragon Resources (LSE:PAR) has a current Interest Expense of £-0.00 Mil. The current Interest Expense is £-0.00 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 Paragon Resources (LSE:PAR), the current Interest Expense is £-0.00 Mil as of May. 2014. 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.

Paragon Resources Business Description