Shoreline Energy (FRA:SL0) Interest Expense : €-1.17 Mil (TTM As of Sep. 2015)

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

What is Shoreline Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shoreline Energy's interest expense for the three months ended in Sep. 2015 was € -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was €-1.17 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. Shoreline Energy's Operating Income for the three months ended in Sep. 2015 was € -1.94 Mil. Shoreline Energy's Interest Expense for the three months ended in Sep. 2015 was € -0.30 Mil. Shoreline 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.

Shoreline Energy Interest Expense Historical Data

The historical data trend for Shoreline 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.

Shoreline Energy Interest Expense Chart

Shoreline Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Interest Expense

-0.03

-1.10

-2.25

-1.79

Shoreline Energy Quarterly Data
	Sep10	Dec10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Interest Expense	Get a 7-Day Free Trial															-0.38	-0.29	-0.29	-0.29	-0.30

Shoreline 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.17 Mil.

Shoreline Energy (FRA:SL0) 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.

Shoreline Energy's Interest Expense for the three months ended in Sep. 2015 was €-0.30 Mil. Its Operating Income for the three months ended in Sep. 2015 was €-1.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was €0.00 Mil.

Shoreline Energy's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Shoreline Energy did not have earnings to cover the interest expense.

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

Shoreline Energy (FRA:SL0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shoreline Energy Corporation (FRA:SL0) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.shorelineenergy.ca

Shoreline Energy Corp. is a Canadian junior crude oil & natural gas exploration and production company. The Company is engaged in the business of exploring for, developing and producing crude oil and natural gas in Alberta.

Shoreline Energy (FRA:SL0) Headlines

No Headlines