CBM Asia Development (CBM Asia Development) Interest Expense : $0.15 Mil (TTM As of Sep. 2013)

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What is CBM Asia Development Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CBM Asia Development's interest expense for the three months ended in Sep. 2013 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was $0.15 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. CBM Asia Development's Operating Income for the three months ended in Sep. 2013 was $ -1.10 Mil. CBM Asia Development's Interest Expense for the three months ended in Sep. 2013 was $ -0.01 Mil. CBM Asia Development 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.

CBM Asia Development Interest Expense Historical Data

The historical data trend for CBM Asia Development'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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CBM Asia Development Interest Expense Chart

CBM Asia Development Annual Data

Trend

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Dec12

Interest Expense

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-0.03

CBM Asia Development Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial															-0.14	0.16	-	-	-0.01

CBM Asia Development 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

CBM Asia Development (OTCPK:CBMDF) Interest Expense Explanation

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

CBM Asia Development's Interest Expense for the three months ended in Sep. 2013 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2013 was $-1.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was $0.00 Mil.

CBM Asia Development's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

CBM Asia Development did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

CBM Asia Development (CBM Asia Development) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CBM Asia Development Corp (OTCPK:CBMDF) » Definitions » Interest Expense

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Address

5626 Larch Street, Suite 404, Vancouver, BC, CAN, V6M 4E1

Website

http://www.cbmasia.ca

CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia and has not yet determined whether these properties contain reserves that are economically recoverable.

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