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Mawson West (TSX:MWE) Interest Expense : C$-11.08 Mil (TTM As of Sep. 2016)


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What is Mawson West Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mawson West's interest expense for the three months ended in Sep. 2016 was C$ -1.84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was C$-11.08 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. Mawson West's Operating Income for the three months ended in Sep. 2016 was C$ -3.98 Mil. Mawson West's Interest Expense for the three months ended in Sep. 2016 was C$ -1.84 Mil. Mawson West 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.


Mawson West Interest Expense Historical Data

The historical data trend for Mawson West'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.

* Premium members only.

Mawson West Interest Expense Chart

Mawson West Annual Data
Trend Jun09 Jun10 Jun11 Dec12 Dec13 Dec14 Dec15
Interest Expense
Get a 7-Day Free Trial - -0.54 -3.00 -0.95 -10.46

Mawson West Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -2.74 -5.98 -1.88 -1.38 -1.84

Mawson West 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.08 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.


Mawson West  (TSX:MWE) 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.

Mawson West's Interest Expense for the three months ended in Sep. 2016 was C$-1.84 Mil. Its Operating Income for the three months ended in Sep. 2016 was C$-3.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was C$87.37 Mil.

Mawson West's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Mawson West 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.


Mawson West (TSX:MWE) Business Description

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Mawson West Limited (MWE, formerly Futurexone Limited) is a minerals exploration and development company focusing on gold and copper.

Mawson West (TSX:MWE) Headlines

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