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Borealis Exploration (Borealis Exploration) Interest Expense : $0.00 Mil (TTM As of Sep. 2022)


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What is Borealis Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borealis Exploration's interest expense for the three months ended in Sep. 2022 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 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. Borealis Exploration's Operating Income for the three months ended in Sep. 2022 was $ 0.00 Mil. Borealis Exploration's Interest Expense for the three months ended in Sep. 2022 was $ 0.00 Mil. GuruFocus does not calculate Borealis Exploration's interest coverage with the available data. 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.


Borealis Exploration Interest Expense Historical Data

The historical data trend for Borealis Exploration'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.

Borealis Exploration Interest Expense Chart

Borealis Exploration Annual Data
Trend Mar14 Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.45 - - - -

Borealis Exploration Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Sep23
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 - - - - -

Borealis Exploration 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Borealis Exploration  (OTCPK:BOREF) 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.

Borealis Exploration's Interest Expense for the three months ended in Sep. 2022 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2022 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $0.09 Mil.

Borealis Exploration's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

GuruFocus does not calculate Borealis Exploration's interest coverage with the available data.

* 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.

Good Sign:

Borealis Exploration Ltd has no debt.


Borealis Exploration (Borealis Exploration) Business Description

Traded in Other Exchanges
N/A
Address
43 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA
Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrues interest on the outstanding balance of this loan.

Borealis Exploration (Borealis Exploration) Headlines

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