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Borneo Resource Investments (Borneo Resource Investments) Interest Expense : $-0.50 Mil (TTM As of Mar. 2015)


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What is Borneo Resource Investments Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borneo Resource Investments's interest expense for the three months ended in Mar. 2015 was $ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.50 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. 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. Borneo Resource Investments 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.


Borneo Resource Investments Interest Expense Historical Data

The historical data trend for Borneo Resource Investments'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.

Borneo Resource Investments Interest Expense Chart

Borneo Resource Investments Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Interest Expense
-0.03 -0.04 -0.04 -0.39

Borneo Resource Investments Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 -0.04 -0.05 -0.05 -0.25 -0.15

Borneo Resource Investments 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.50 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.


Borneo Resource Investments  (OTCPK:BRNE) 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.

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

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

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 (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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