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Borneo Resource Investments (Borneo Resource Investments) Interest Coverage : 0 (At Loss) (As of Mar. 2015)


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What is Borneo Resource Investments Interest Coverage?

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 by its Interest Expense. Borneo Resource Investments's Operating Income for the three months ended in Mar. 2015 was $-0.67 Mil. Borneo Resource Investments's Interest Expense for the three months ended in Mar. 2015 was $-0.15 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Borneo Resource Investments's Interest Coverage or its related term are showing as below:


BRNE's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

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


Borneo Resource Investments Interest Coverage Historical Data

The historical data trend for Borneo Resource Investments's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Borneo Resource Investments Interest Coverage Chart

Borneo Resource Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Interest Coverage
- - - -

Borneo Resource Investments Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Borneo Resource Investments's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Borneo Resource Investments's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Borneo Resource Investments's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Borneo Resource Investments's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Borneo Resource Investments's Interest Coverage falls into.



Borneo Resource Investments Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Borneo Resource Investments's Interest Coverage for the fiscal year that ended in Dec. 2014 is calculated as

Here, for the fiscal year that ended in Dec. 2014, Borneo Resource Investments's Interest Expense was $-0.39 Mil. Its Operating Income was $-1.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.15 Mil.

Borneo Resource Investments did not have earnings to cover the interest expense.

Borneo Resource Investments's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the three months ended in Mar. 2015, Borneo Resource Investments's Interest Expense was $-0.15 Mil. Its Operating Income was $-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.75 Mil.

Borneo Resource Investments 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.


Borneo Resource Investments  (OTCPK:BRNE) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Borneo Resource Investments Interest Coverage Related Terms

Thank you for viewing the detailed overview of Borneo Resource Investments's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Borneo Resource Investments (Borneo Resource Investments) Business Description

Traded in Other Exchanges
N/A
Address
300 Lenora Street, No. 876, Seattle, WA, USA, 98121-2411
Borneo Resource Investments Ltd is an exploration-stage company. It is an aggregator of proven EV metal and natural resource concession assets in the Republic of Indonesia. In addition, the company seeks and evaluates other compatible opportunities and will conduct mining operations upon regulatory approval.
Executives
Hon Wai Ku officer: Chief Financial Officer SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000

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