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Camber Energy (Camber Energy) Interest Expense : $-4.70 Mil (TTM As of Mar. 2023)


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What is Camber Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Camber Energy's interest expense for the three months ended in Mar. 2023 was $ -1.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-4.70 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. Camber Energy's Operating Income for the three months ended in Mar. 2023 was $ -1.37 Mil. Camber Energy's Interest Expense for the three months ended in Mar. 2023 was $ -1.16 Mil. Camber Energy 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.


Camber Energy Interest Expense Historical Data

The historical data trend for Camber Energy'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.

Camber Energy Interest Expense Chart

Camber Energy Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.02 -2.44 -0.02 -1.98 -4.71

Camber Energy Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.16 -0.81 -1.56 -1.19 -1.16

Camber Energy 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.70 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.


Camber Energy  (AMEX:CEI) 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.

Camber Energy's Interest Expense for the three months ended in Mar. 2023 was $-1.16 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-1.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $34.72 Mil.

Camber Energy's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Camber Energy 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.


Camber Energy (Camber Energy) Business Description

Traded in Other Exchanges
N/A
Address
15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094
Camber Energy Inc is active in the oil and gas market. The company is engaged in the acquisition and development of crude oil and natural gas from various known productive geological formations. The company operates exclusively in the onshore United States oil and natural gas industry. Its sales are made on a month-to-month basis, and title transfer occurs when the oil is loaded onto the purchaser's truck.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Segundo Resources, Llc 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209
Azar Ii Richard Nathan director, 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209
Alan William Dreeben director, 10 percent owner 200 PATTERSON, #1008, SAN ANTONIO TX 78209