GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Birchcliff Energy Ltd (FRA:39B) » Definitions » Interest Expense

Birchcliff Energy (FRA:39B) Interest Expense : €-20.0 Mil (TTM As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Birchcliff Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Birchcliff Energy's interest expense for the three months ended in Jun. 2024 was € -7.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-20.0 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. Birchcliff Energy's Operating Income for the three months ended in Jun. 2024 was € 4.0 Mil. Birchcliff Energy's Interest Expense for the three months ended in Jun. 2024 was € -7.2 Mil. Birchcliff Energy's Interest Coverage for the quarter that ended in Jun. 2024 was 0.55. 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.

Birchcliff Energy Interest Expense Historical Data

The historical data trend for Birchcliff 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.

Birchcliff Energy Interest Expense Chart

Birchcliff Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.14 -16.73 -19.91 -9.55 -13.88

Birchcliff Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4.18 -5.12 -1.46 -6.23 -7.23

Birchcliff 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-20.0 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.

Birchcliff Energy  (FRA:39B) 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.

Birchcliff Energy's Interest Expense for the three months ended in Jun. 2024 was €-7.2 Mil. Its Operating Income for the three months ended in Jun. 2024 was €4.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €332.3 Mil.

Birchcliff Energy's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*3.951/-7.225
=0.55

* 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.

Birchcliff Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Birchcliff Energy Ltd (FRA:39B) » Definitions » Interest Expense
Comparable Companies
TSX:AAV TSX:PXT TSX:KEL TSX:HWX TSX:CJ TSX:IPCO TSX:AOI TSX:FRU TSX:VET TSX:TVE COP HKSE:00883 TSX:CNQ EOG FANG OXY HES ASX:WDS MIC:NVTK DVN
Traded in Other Exchanges
BIREF:USA 39B:Germany BIR:Canada
Address
600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5
Website
https://www.birchcliffenergy.com
Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high-working production, which is surrounded by blocks of high-working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.

Birchcliff Energy Headlines

No Headlines