Cue Energy Resources (FRA:CU5A) Interest Expense : €-0.57 Mil (TTM As of Dec. 2023)

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What is Cue Energy Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cue Energy Resources's interest expense for the six months ended in Dec. 2023 was € -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.57 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. Cue Energy Resources's Operating Income for the six months ended in Dec. 2023 was € 9.67 Mil. Cue Energy Resources's Interest Expense for the six months ended in Dec. 2023 was € -0.15 Mil. Cue Energy Resources's Interest Coverage for the quarter that ended in Dec. 2023 was 64.45. 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.

Cue Energy Resources Interest Expense Historical Data

The historical data trend for Cue Energy Resources'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.

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Cue Energy Resources Interest Expense Chart

Cue Energy Resources Annual Data

Trend

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Jun23

Interest Expense

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-1.06

Cue Energy Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-0.66	-0.42	-0.15

Cue Energy Resources 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.57 Mil.

Cue Energy Resources (FRA:CU5A) 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.

Cue Energy Resources's Interest Expense for the six months ended in Dec. 2023 was €-0.15 Mil. Its Operating Income for the six months ended in Dec. 2023 was €9.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.01 Mil.

Cue Energy Resources's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	9.668	/	-0.15
	=	64.45

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

Cue Energy Resources (FRA:CU5A) Business Description

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CUE:Australia

Address

10-16 Queen Street, Level 3, Melbourne, VIC, AUS, 3000

Website

https://www.cuenrg.com.au

Cue Energy Resources Ltd is an oil and gas exploration, development, and production company. Its geographical segments include : Australia, being the Amadeus Basin assets, Maari in New Zealand and Sampang and Mahato in Indonesia. The company derives a majority of revenue from Indonesia region. Its project portfolio consists of Carnarvon Basin, Taranaki Basin, East Java basin, Kutei basin, and Central Sumatra basin.

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