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Mattmar Minerals (Mattmar Minerals) Interest Expense : $0.00 Mil (TTM As of May. 2012)


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What is Mattmar Minerals Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mattmar Minerals's interest expense for the six months ended in May. 2012 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2012 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. Mattmar Minerals's Operating Income for the six months ended in May. 2012 was $ -0.03 Mil. Mattmar Minerals's Interest Expense for the six months ended in May. 2012 was $ 0.00 Mil. Mattmar Minerals has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mattmar Minerals Interest Expense Historical Data

The historical data trend for Mattmar 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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Mattmar Minerals Interest Expense Chart

Mattmar Minerals Annual Data
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Interest Expense
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Mattmar Minerals Semi-Annual Data
May06 May07 May08 May09 May10 May11 May12
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Mattmar Minerals Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in May. 2012 was $0.00 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.

Mattmar Minerals  (OTCPK:MTMS) 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.

Mattmar Minerals's Interest Expense for the six months ended in May. 2012 was $0.00 Mil. Its Operating Income for the six months ended in May. 2012 was $-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in May. 2012 was $0.00 Mil.

Mattmar Minerals's Interest Coverage for the quarter that ended in May. 2012 is calculated as

Mattmar Minerals had no long-term debt (1).

* 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.

Mattmar Minerals (Mattmar Minerals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Website
Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.
Executives
Arnold P Kling director, 10 percent owner, officer: President C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw officer: Chief Financial Officer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc 10 percent owner 330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo 10 percent owner C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

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