TORM (TOR Minerals International) Interest Expense: $-0.11 Mil (TTM As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
Price $2.15
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What is TOR Minerals International Interest Expense?

TOR Minerals International TORM -1.83% 12 Interest Expense is $-0.11 Mil as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TOR Minerals International's interest expense for the six months ended in Dec. 2017 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.11 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. TOR Minerals International's Operating Income for the six months ended in Dec. 2017 was $ -1.33 Mil. TOR Minerals International's Interest Expense for the six months ended in Dec. 2017 was $ -0.11 Mil. TOR Minerals International 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.

TOR Minerals International  (OTCPK:TORM) 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.

TOR Minerals International's Interest Expense for the six months ended in Dec. 2017 was $-0.11 Mil. Its Operating Income for the six months ended in Dec. 2017 was $-1.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2017 was $2.44 Mil.

TOR Minerals International's Interest Coverage for the quarter that ended in Dec. 2017 is calculated as

TOR Minerals International 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.

TOR Minerals International Interest Expense Historical Data

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The historical data trend for TOR Minerals International'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.

TOR Minerals International Interest Expense Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.35 -0.21 -0.18 -0.11

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 -0.39 -0.35 -0.21 -0.18 -0.11
TORM
12GF Score
TOR Minerals International Inc TORM
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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TOR Minerals International Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2017 was $-0.11 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 $-0.11 Mil mean?
TOR Minerals International (TORM) has a Interest Expense of $-0.11 Mil as of Dec. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on TOR Minerals International and its competitors.
Is TOR Minerals International's Interest Expense too high?
TOR Minerals International's current Interest Expense is $-0.11 Mil. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Interest Expense compare to BGLC and CRKN?
TOR Minerals International's Interest Expense of $-0.11 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Interest Expense depends on the Chemicals 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 TOR Minerals International and its competitors. TOR Minerals International's current Interest Expense is $-0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Interest Expense of $-0.11 Mil. The current Interest Expense is $-0.11 Mil. TOR Minerals International's overall GF Score™ is 12/100. 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 TOR Minerals International (TORM), the current Interest Expense is $-0.11 Mil as of Dec. 2017. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
12GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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