Coelacanth Energy (TSXV:CEI) Interest Expense : C$-0.22 Mil (TTM As of Dec. 2023)

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What is Coelacanth Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coelacanth Energy's interest expense for the three months ended in Dec. 2023 was C$ 0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.22 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. Coelacanth Energy's Operating Income for the three months ended in Dec. 2023 was C$ -1.75 Mil. Coelacanth Energy's Interest Expense for the three months ended in Dec. 2023 was C$ 0.15 Mil. Coelacanth 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.

Coelacanth Energy Interest Expense Historical Data

The historical data trend for Coelacanth 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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Coelacanth Energy Interest Expense Chart

Coelacanth Energy Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.15

-0.22

Coelacanth Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial						0.18	-0.08	-0.11	-0.18	0.15

Coelacanth 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.22 Mil.

Coelacanth Energy (TSXV:CEI) 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.

Coelacanth Energy's Interest Expense for the three months ended in Dec. 2023 was C$0.15 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-1.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.80 Mil.

Coelacanth Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Coelacanth Energy (TSXV:CEI) Business Description

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CEIEF:USA

Address

530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8

Website

https://www.coelacanth.ca

Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.

Executives

Nolan Gregory Chicoine	Senior Officer
Peter James Roy Cochrane	Senior Officer
Jody Denis	Senior Officer
Harvey Doerr	Director
John Nandor Fur	Senior Officer
William Lancaster	Director
Tom Medvedic	Director
Robert John Zakresky	Senior Officer