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Victoria Oil & Gas (Victoria Oil & Gas) Interest Expense : $-2.20 Mil (TTM As of Jun. 2021)


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What is Victoria Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Victoria Oil & Gas's interest expense for the six months ended in Jun. 2021 was $ -1.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-2.20 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. Victoria Oil & Gas's Operating Income for the six months ended in Jun. 2021 was $ -1.65 Mil. Victoria Oil & Gas's Interest Expense for the six months ended in Jun. 2021 was $ -1.08 Mil. Victoria Oil & Gas 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.


Victoria Oil & Gas Interest Expense Historical Data

The historical data trend for Victoria Oil & Gas'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.

Victoria Oil & Gas Interest Expense Chart

Victoria Oil & Gas Annual Data
Trend May11 May12 May13 May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.59 -0.57 -1.97 -1.85 -1.63

Victoria Oil & Gas Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -0.96 -0.89 -0.51 -1.12 -1.08

Victoria Oil & Gas 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-2.20 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.


Victoria Oil & Gas  (OTCPK:VCOGF) 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.

Victoria Oil & Gas's Interest Expense for the six months ended in Jun. 2021 was $-1.08 Mil. Its Operating Income for the six months ended in Jun. 2021 was $-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2021 was $6.79 Mil.

Victoria Oil & Gas's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Victoria Oil & Gas 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.


Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY
Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

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