InterOil (InterOil) Interest Expense : $-11.80 Mil (TTM As of Sep. 2016)

View and export this data going back to 2004. Start your Free Trial

What is InterOil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InterOil's interest expense for the three months ended in Sep. 2016 was $ -4.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-11.80 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. InterOil's Operating Income for the three months ended in Sep. 2016 was $ -19.98 Mil. InterOil's Interest Expense for the three months ended in Sep. 2016 was $ -4.62 Mil. InterOil 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.

InterOil Interest Expense Historical Data

The historical data trend for InterOil'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.

InterOil Interest Expense Chart

InterOil Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

Get a 7-Day Free Trial

-18.16

-6.08

-8.35

-11.41

-6.12

InterOil Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Interest Expense	Get a 7-Day Free Trial															-1.51	-1.65	-2.13	-3.41	-4.62

InterOil 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.80 Mil.

InterOil (NYSE:IOC) 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.

InterOil's Interest Expense for the three months ended in Sep. 2016 was $-4.62 Mil. Its Operating Income for the three months ended in Sep. 2016 was $-19.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was $0.00 Mil.

InterOil's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

InterOil did not have earnings to cover the interest expense.

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

InterOil (InterOil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InterOil Corp (NYSE:IOC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.interoil.com

InterOil Corp is incorporated and domiciled in Canada and continued under the Business Corporations Act on August 24, 2007. The Company, together with its subsidiaries, is engaged in the exploration and production of oil and gas properties in Papua New Guinea and its surrounding region. Its operations are organized into four business segments: Upstream, Midstream, Downstream and Corporate. Upstream segment explores, appraises and develops hydrocarbon structures in Papua New Guinea with a view to commercializing, monetizing and developing oil and gas structures through production facilities. Midstream segment produces refined petroleum products at Napa Napa in Port Moresby, Papua New Guinea for the domestic market and for export markets. Downstream segment markets and distributes refined petroleum products domestically in Papua New Guinea on a wholesale and retail basis. Corporate segment provides support to the other business segments by engaging in business development and improvement activities and providing general and administrative services and management, undertakes financing and treasury activities, and is responsible for government affairs and investor relations. Corporate segment also manages Company's shipping business which operates two vessels transporting petroleum products within Papua New Guinea and South Pacific. The Company sells jet fuel, diesel and gasoline to domestic distributors in Papua New Guinea. The Company's main domestic customer is its Downstream distribution business segment, however the Company also distribute fuel products to Niugini Oil Company, Islands Petroleum, Exxon Mobil and Bige Petroleum. The Company's main competitor in the wholesale and retail distribution business in Papua New Guinea is ExxonMobil. The Company also competes with smaller local distributors of petroleum products. The Company is subject to an environmental law regime.