Camber Energy (STU:58L) Interest Expense : €-3.69 Mil (TTM As of Mar. 2024)

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What is Camber Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Camber Energy's interest expense for the three months ended in Mar. 2024 was € -1.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-3.69 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. Camber Energy's Operating Income for the three months ended in Mar. 2024 was € -1.83 Mil. Camber Energy's Interest Expense for the three months ended in Mar. 2024 was € -1.36 Mil. Camber 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.

Camber Energy Interest Expense Historical Data

The historical data trend for Camber 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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Camber Energy Interest Expense Chart

Camber Energy Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-18.87

-22.21

-12.18

-0.70

-2.86

Camber Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.13	-0.19	-0.96	-1.36	-1.36

Camber 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.69 Mil.

Camber Energy (STU:58L) 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.

Camber Energy's Interest Expense for the three months ended in Mar. 2024 was €-1.36 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €40.57 Mil.

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

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

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

Camber Energy (STU:58L) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (STU:58L) » Definitions » Interest Expense

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CEI:USA

Address

15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094

Website

https://www.camber.energy

Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.

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