Arian Resources (Arian Resources) Interest Expense : $-0.00 Mil (TTM As of Nov. 2016)

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What is Arian Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arian Resources's interest expense for the three months ended in Nov. 2016 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2016 was $-0.00 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. Arian Resources's Operating Income for the three months ended in Nov. 2016 was $ -0.10 Mil. Arian Resources's Interest Expense for the three months ended in Nov. 2016 was $ -0.00 Mil. Arian Resources 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.

Arian Resources Interest Expense Historical Data

The historical data trend for Arian Resources'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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Arian Resources Interest Expense Chart

Arian Resources Annual Data

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Interest Expense

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-0.01

Arian Resources Quarterly Data
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Arian Resources 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 Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Arian Resources (OTCPK:GNHRF) 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.

Arian Resources's Interest Expense for the three months ended in Nov. 2016 was $-0.00 Mil. Its Operating Income for the three months ended in Nov. 2016 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2016 was $0.00 Mil.

Arian Resources's Interest Coverage for the quarter that ended in Nov. 2016 is calculated as

Arian Resources did not have earnings to cover the interest expense.

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

Arian Resources (Arian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arian Resources Corp (OTCPK:GNHRF) » Definitions » Interest Expense

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Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.arianresources.com

Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

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