Salmon River Resources (Salmon River Resources) Interest Expense : $-0.30 Mil (TTM As of Mar. 2013)

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What is Salmon River Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Salmon River Resources's interest expense for the three months ended in Mar. 2013 was $ -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2013 was $-0.30 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. Salmon River Resources's Operating Income for the three months ended in Mar. 2013 was $ -0.35 Mil. Salmon River Resources's Interest Expense for the three months ended in Mar. 2013 was $ -0.08 Mil. Salmon River 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.

Salmon River Resources Interest Expense Historical Data

The historical data trend for Salmon River 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.

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Salmon River Resources Interest Expense Chart

Salmon River Resources Annual Data

Trend

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Interest Expense

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-0.12

Salmon River Resources Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.06	-0.07	-0.10	-0.08

Salmon River 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 Mar. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.30 Mil.

Salmon River Resources (OTCPK:SALOF) Interest Expense Explanation

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

Salmon River Resources's Interest Expense for the three months ended in Mar. 2013 was $-0.08 Mil. Its Operating Income for the three months ended in Mar. 2013 was $-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2013 was $0.00 Mil.

Salmon River Resources's Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Salmon River Resources did not have earnings to cover the interest expense.

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

Salmon River Resources (Salmon River Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salmon River Resources Ltd (OTCPK:SALOF) » Definitions » Interest Expense

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Website

http://www.salmonriverresources.com

An exploration stage Company engaged in the evaluation, acquisition, exploration and development of gold and base metals in British Columbia, Canada, and Idaho, USA.

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