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Sovereign Lithium (Sovereign Lithium) Interest Expense : $0.00 Mil (TTM As of Dec. 2013)


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What is Sovereign Lithium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sovereign Lithium's interest expense for the three months ended in Dec. 2013 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 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. Sovereign Lithium's Operating Income for the three months ended in Dec. 2013 was $ -0.05 Mil. Sovereign Lithium's Interest Expense for the three months ended in Dec. 2013 was $ 0.00 Mil. Sovereign Lithium 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.


Sovereign Lithium Interest Expense Historical Data

The historical data trend for Sovereign Lithium'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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Sovereign Lithium Interest Expense Chart

Sovereign Lithium Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
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Sovereign Lithium Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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Sovereign Lithium 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. 2013 adds up the quarterly 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.


Sovereign Lithium  (GREY:SLCO) 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.

Sovereign Lithium's Interest Expense for the three months ended in Dec. 2013 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2013 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was $0.00 Mil.

Sovereign Lithium's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Sovereign Lithium 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.


Sovereign Lithium (Sovereign Lithium) Business Description

Traded in Other Exchanges
N/A
Address
999 18th Street, Suite 3000, Denver, CO, USA, 80202
Sovereign Lithium Inc is a exploration stage mineral exploration and development company.

Sovereign Lithium (Sovereign Lithium) Headlines

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