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North Bay Resources (North Bay Resources) Interest Expense : $-1.56 Mil (TTM As of Sep. 2015)


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What is North Bay Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. North Bay Resources's interest expense for the three months ended in Sep. 2015 was $ -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $-1.56 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. North Bay Resources's Operating Income for the three months ended in Sep. 2015 was $ -0.10 Mil. North Bay Resources's Interest Expense for the three months ended in Sep. 2015 was $ -0.22 Mil. North Bay 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.


North Bay Resources Interest Expense Historical Data

The historical data trend for North Bay 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.

* Premium members only.

North Bay Resources Interest Expense Chart

North Bay Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial -0.02 -0.17 -0.65 -0.75 -1.67

North Bay Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.39 -0.66 -0.37 -0.32 -0.22

North Bay 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.56 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.


North Bay Resources  (OTCPK:NBRI) 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.

North Bay Resources's Interest Expense for the three months ended in Sep. 2015 was $-0.22 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $0.00 Mil.

North Bay Resources's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

North Bay Resources did not have earnings to cover the interest expense.

* 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.


North Bay Resources (North Bay Resources) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 162, Skippack, PA, USA, 19474
North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include Mount Washington Project; Tulameen Platinum; Zeballos Gold; Fraser River Platinum; and; Zippa Mtn Wollastonite.

North Bay Resources (North Bay Resources) Headlines