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Gordon Creek Energy (FRA:M2Y1) Interest Expense : €-1.21 Mil (TTM As of Oct. 2015)


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What is Gordon Creek Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gordon Creek Energy's interest expense for the three months ended in Oct. 2015 was € -0.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2015 was €-1.21 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. Gordon Creek Energy's Operating Income for the three months ended in Oct. 2015 was € -0.19 Mil. Gordon Creek Energy's Interest Expense for the three months ended in Oct. 2015 was € -0.49 Mil. Gordon Creek 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.


Gordon Creek Energy Interest Expense Historical Data

The historical data trend for Gordon Creek 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.

Gordon Creek Energy Interest Expense Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.61 -1.21 -1.17 -0.83 -0.99

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 -0.26 -0.22 -0.23 -0.27 -0.49

Gordon Creek 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 Oct. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.21 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.


Gordon Creek Energy  (FRA:M2Y1) 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.

Gordon Creek Energy's Interest Expense for the three months ended in Oct. 2015 was €-0.49 Mil. Its Operating Income for the three months ended in Oct. 2015 was €-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2015 was €3.05 Mil.

Gordon Creek Energy's Interest Coverage for the quarter that ended in Oct. 2015 is calculated as

Gordon Creek 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.


Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

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