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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Contango Oil & Gas Co's interest expense for the three months ended in Sep. 2021 was $ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-4.8 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. Contango Oil & Gas Co's Operating Income for the three months ended in Sep. 2021 was $ 31.2 Mil. Contango Oil & Gas Co's Interest Expense for the three months ended in Sep. 2021 was $ -1.6 Mil. Contango Oil & Gas Co's Interest Coverage for the quarter that ended in Sep. 2021 was 19.50. 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.
The historical data trend for Contango Oil & Gas Co'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.
Contango Oil & Gas Co Annual Data | |||||||||||||||||||||
Trend | Jun11 | Jun12 | Jun13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -3.80 | -4.10 | -5.55 | -8.60 | -5.02 |
Contango Oil & Gas Co Quarterly Data | ||||||||||||||||||||
Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | |
Interest Expense | Get a 7-Day Free Trial | -1.06 | -0.60 | -1.20 | -1.36 | -1.60 |
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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 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.
Contango Oil & Gas Co (AMEX:MCF) 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.
Contango Oil & Gas Co's Interest Expense for the three months ended in Sep. 2021 was $-1.6 Mil. Its Operating Income for the three months ended in Sep. 2021 was $31.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $121.7 Mil.
Contango Oil & Gas Co's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as
Interest Coverage | = | -1 | * | Operating Income (Q: Sep. 2021 ) | / | Interest Expense (Q: Sep. 2021 ) |
= | -1 | * | 31.154 | / | -1.598 | |
= | 19.50 |
* 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.
Chad B Roller | officer: SVP-Chief Operating Officer | 2431 E 61ST STREET SUITE 850 TULSA OK 74136 |
E Joseph Grady | officer: SVP and CFO | C/O CONTANGO OIL & GAS COMPANY 717 TEXAS AVENUE, SUITE 2900 HOUSTON TX 77002 |
Michael J Autin | officer: Vice President Operations | 717 TEXAS AVENUE SUITE 2900 HOUSTON TX 77002 |
Bulent Ayhan Berilgen | director | 50 WEST SAN FERNANDO ST SAN JOSE CA 95113 |
Joseph J Romano | director | 3700 BUFFALO SPEEDWAY SUITE 960 HOUSTON TX 77098 |
Janet W Pasque | director | 1675 BROADWAY SUITE 1950 DENVER CO 80202 |
Will Farley Dakan | officer: President | 500 COMMERCE ST. SUITE 700 FORT WORTH TX 76102 |
Mclawhorn Charles L Iii | officer: SVP/General Counsel/Corp Sec | 2501 NORTH HARWOOD DALLAS TX 75201 |
Ellis L Mccain | director | C/O CONTANGO OIL & GAS COMPANY, 717 TEXAS AVENUE, SUITE 2900, HOUSTON TX 77002 |
Karen Jo Simon | director | 1918 OLIVE STREET, #2904, DALLAS TX 75201 |
Dws Growth Capital Lp | 10 percent owner | 11 GREENWAY PLAZA, SUITE 3100 HOUSTON TX 77046 |
Douglas W Schnitzer | 10 percent owner | |
Kkr Group Assets Iii Gp Llc | 10 percent owner | 30 HUDSON YARDS, NEW YORK NY 10001 |
George R Roberts | 10 percent owner | C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025 |
Independence Energy Aggregator Gp Llc | 10 percent owner | 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002 |
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