Asia Resource Minerals (LSE:ARMS) Interest Expense : £-81.4 Mil (TTM As of Dec. 2014)

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What is Asia Resource Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Resource Minerals's interest expense for the six months ended in Dec. 2014 was £ -44.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was £-81.4 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. Asia Resource Minerals's Operating Income for the six months ended in Dec. 2014 was £ 16.0 Mil. Asia Resource Minerals's Interest Expense for the six months ended in Dec. 2014 was £ -44.7 Mil. Asia Resource Minerals's Interest Coverage for the quarter that ended in Dec. 2014 was 0.36. 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.

Asia Resource Minerals Interest Expense Historical Data

The historical data trend for Asia Resource Minerals'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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Asia Resource Minerals Interest Expense Chart

Asia Resource Minerals Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

-53.29

-83.57

-87.84

-84.35

Asia Resource Minerals Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Interest Expense	Get a 7-Day Free Trial			-43.33	-34.83	-54.90	-36.64	-44.73

Asia Resource Minerals 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 Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-81.4 Mil.

Asia Resource Minerals (LSE:ARMS) 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.

Asia Resource Minerals's Interest Expense for the six months ended in Dec. 2014 was £-44.7 Mil. Its Operating Income for the six months ended in Dec. 2014 was £16.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2014 was £316.3 Mil.

Asia Resource Minerals's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2014 )	/	Interest Expense (Q: Dec. 2014 )
	=	-1	*	15.975	/	-44.73
	=	0.36

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

Asia Resource Minerals (LSE:ARMS) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asia Resource Minerals PLC (LSE:ARMS) » Definitions » Interest Expense

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Address

Website

http://www.asiarmplc.com

Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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