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Claren Energy (TSXV:CEN.H) Interest Expense : C$-0.03 Mil (TTM As of Jan. 2024)


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What is Claren Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Claren Energy's interest expense for the three months ended in Jan. 2024 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.03 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. Claren Energy's Operating Income for the three months ended in Jan. 2024 was C$ -0.03 Mil. Claren Energy's Interest Expense for the three months ended in Jan. 2024 was C$ -0.01 Mil. Claren 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.


Claren Energy Interest Expense Historical Data

The historical data trend for Claren 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.

Claren Energy Interest Expense Chart

Claren Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.04 -0.03 -0.03 -0.03

Claren Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.01 -0.01 -0.01 -0.01 -0.01

Claren 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 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.


Claren Energy  (TSXV:CEN.H) 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.

Claren Energy's Interest Expense for the three months ended in Jan. 2024 was C$-0.01 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$0.00 Mil.

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

Claren Energy 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.


Claren Energy (TSXV:CEN.H) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Claren Energy Corp is a Canada-based company that is principally engaged in the business is the acquisition and exploration of petroleum and natural gas properties. Geographically, the company operates within Canada and Romania. It generates majority of its revenue from Canada.

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