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Jericho Energy Ventures (Jericho Energy Ventures) Interest Expense : $-0.81 Mil (TTM As of Mar. 2024)


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What is Jericho Energy Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jericho Energy Ventures's interest expense for the three months ended in Mar. 2024 was $ -0.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.81 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. Jericho Energy Ventures's Operating Income for the three months ended in Mar. 2024 was $ -1.11 Mil. Jericho Energy Ventures's Interest Expense for the three months ended in Mar. 2024 was $ -0.23 Mil. Jericho Energy Ventures 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.


Jericho Energy Ventures Interest Expense Historical Data

The historical data trend for Jericho Energy Ventures'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.

Jericho Energy Ventures Interest Expense Chart

Jericho Energy Ventures 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 - - - -0.66 -0.76

Jericho Energy Ventures Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.19 -0.18 -0.19 -0.21 -0.23

Jericho Energy Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.81 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.


Jericho Energy Ventures  (OTCPK:JROOF) 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.

Jericho Energy Ventures's Interest Expense for the three months ended in Mar. 2024 was $-0.23 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.03 Mil.

Jericho Energy Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Jericho Energy Ventures 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.


Jericho Energy Ventures (Jericho Energy Ventures) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3
Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.

Jericho Energy Ventures (Jericho Energy Ventures) Headlines