Simba Essel Energy (Simba Essel Energy) Interest Expense : $0.00 Mil (TTM As of Mar. 2019)

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What is Simba Essel Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simba Essel Energy's interest expense for the three months ended in Mar. 2019 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2019 was $0.00 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. Simba Essel Energy's Operating Income for the three months ended in Mar. 2019 was $ -0.05 Mil. Simba Essel Energy's Interest Expense for the three months ended in Mar. 2019 was $ 0.00 Mil. Simba Essel Energy has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Simba Essel Energy Interest Expense Historical Data

The historical data trend for Simba Essel 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.

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Simba Essel Energy Interest Expense Chart

Simba Essel Energy Annual Data

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Interest Expense

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-0.01

Simba Essel Energy Quarterly Data
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Simba Essel 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Simba Essel Energy (OTCPK:SMBZF) 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.

Simba Essel Energy's Interest Expense for the three months ended in Mar. 2019 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2019 was $-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2019 was $0.00 Mil.

Simba Essel Energy's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Simba Essel Energy had no long-term debt ⁽¹⁾.

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

Simba Essel Energy (Simba Essel Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Simba Essel Energy Inc (OTCPK:SMBZF) » Definitions » Interest Expense

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Address

905 West Pender Street, Suite 210, Vancouver, BC, CAN, V6C 1L6

Website

http://www.simbaenergy.ca

Simba Essel Energy Inc is a Canadian exploration company. Its principal business activity includes the acquisition and exploration of resource properties. The company engages in the process of exploring its oil and gas properties.

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