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African Potash (LSE:AFPO) Interest Expense : £-0.08 Mil (TTM As of Jun. 2016)


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What is African Potash Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. African Potash's interest expense for the six months ended in Jun. 2016 was £ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2016 was £-0.08 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. African Potash's Operating Income for the six months ended in Jun. 2016 was £ -3.14 Mil. African Potash's Interest Expense for the six months ended in Jun. 2016 was £ -0.00 Mil. African Potash 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.


African Potash Interest Expense Historical Data

The historical data trend for African Potash'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.

African Potash Interest Expense Chart

African Potash Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16
Interest Expense
- - - -0.09 -0.08

African Potash Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Interest Expense Get a 7-Day Free Trial Premium Member Only - -0.07 0.07 -0.07 -

African Potash 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 Jun. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.08 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.


African Potash  (LSE:AFPO) 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.

African Potash's Interest Expense for the six months ended in Jun. 2016 was £-0.00 Mil. Its Operating Income for the six months ended in Jun. 2016 was £-3.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2016 was £0.00 Mil.

African Potash's Interest Coverage for the quarter that ended in Jun. 2016 is calculated as

African Potash 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.


African Potash (LSE:AFPO) Business Description

Traded in Other Exchanges
N/A
Address
Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ
Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.

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