Gold and GemStone Mining (Gold and GemStone Mining) Interest Expense : $-0.00 Mil (TTM As of Oct. 2014)

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What is Gold and GemStone Mining Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gold and GemStone Mining's interest expense for the three months ended in Oct. 2014 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2014 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. Gold and GemStone Mining's Operating Income for the three months ended in Oct. 2014 was $ -0.16 Mil. Gold and GemStone Mining's Interest Expense for the three months ended in Oct. 2014 was $ -0.00 Mil. Gold and GemStone Mining 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.

Gold and GemStone Mining Interest Expense Historical Data

The historical data trend for Gold and GemStone Mining'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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Gold and GemStone Mining Interest Expense Chart

Gold and GemStone Mining Annual Data

Trend

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Interest Expense

Gold and GemStone Mining Quarterly Data
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Interest Expense	Get a 7-Day Free Trial														-	-	-	-	-

Gold and GemStone Mining 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 Oct. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 Mil.

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining's Interest Expense for the three months ended in Oct. 2014 was $-0.00 Mil. Its Operating Income for the three months ended in Oct. 2014 was $-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2014 was $0.02 Mil.

Gold and GemStone Mining's Interest Coverage for the quarter that ended in Oct. 2014 is calculated as

Gold and GemStone Mining did not have earnings to cover the interest expense.

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

Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.