Petmin (LSE:PTMN) Interest Expense : £-1.65 Mil (TTM As of Dec. 2016)

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What is Petmin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petmin's interest expense for the six months ended in Dec. 2016 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was £-1.65 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. Petmin's Operating Income for the six months ended in Dec. 2016 was £ 3.66 Mil. Petmin's Interest Expense for the six months ended in Dec. 2016 was £ 0.00 Mil. GuruFocus does not calculate Petmin's interest coverage with the available data. 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.

Petmin Interest Expense Historical Data

The historical data trend for Petmin'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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Petmin Interest Expense Chart

Petmin Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Interest Expense

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-0.76

-1.31

-1.80

-1.70

-1.39

Petmin Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Interest Expense	Get a 7-Day Free Trial										-1.20	-0.76	-	-1.65	-

Petmin 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. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.65 Mil.

Petmin (LSE:PTMN) 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.

Petmin's Interest Expense for the six months ended in Dec. 2016 was £0.00 Mil. Its Operating Income for the six months ended in Dec. 2016 was £3.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2016 was £15.63 Mil.

Petmin's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

GuruFocus does not calculate Petmin's interest coverage with the available data.

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

Petmin (LSE:PTMN) Business Description

Industry

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Address

Website

http://www.petmin.co.za

Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversiï¬ed with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.