Evolution Petroleum (Evolution Petroleum) Interest Expense : $-0.15 Mil (TTM As of Dec. 2023)

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What is Evolution Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evolution Petroleum's interest expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.15 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. Evolution Petroleum's Operating Income for the three months ended in Dec. 2023 was $ 1.57 Mil. Evolution Petroleum's Interest Expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Evolution Petroleum's Interest Coverage for the quarter that ended in Dec. 2023 was 46.06. 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.

Evolution Petroleum Interest Expense Historical Data

The historical data trend for Evolution Petroleum'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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Evolution Petroleum Interest Expense Chart

Evolution Petroleum Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-0.12

-0.11

-0.10

-0.57

-0.46

Evolution Petroleum Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.13	-0.03	-0.05	-0.03	-0.03

Evolution Petroleum 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 $-0.15 Mil.

Evolution Petroleum (AMEX:EPM) 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.

Evolution Petroleum's Interest Expense for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.10 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1.566	/	-0.034
	=	46.06

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Evolution Petroleum Corp has enough cash to cover all of its debt. Its financial situation is stable.

Evolution Petroleum (Evolution Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Evolution Petroleum Corp (AMEX:EPM) » Definitions » Interest Expense

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EP7:Germany

Address

1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079

Website

https://www.evolutionpetroleum.com

Evolution Petroleum Corp is an independent oil and gas company operating in the US. It is engaged primarily in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are primarily generated from its crude oil, natural gas and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana. The revenue generated by the company includes royalty, mineral and working interests.

Executives

John Mark Bunch	officer: COO	1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Kelly Beatty	officer: Principal Accounting Officer	1155 DAIRY ASHFORD RD., SUITE 425, HOUSTON TX 77079
Myra C Bierria	director	1155 DAIRY ASHFORD, SUITE 425, HOUSTON TX 77079
Ryan Stash	officer: SVP & CFO	1155 DAIRY ASHFORD ROAD, SUITE 425, HOUSTON TX 77079
Roderick A. Schultz	officer: Chief Accounting Officer	4621 PINERIDGE STREET, HOUSTON TX 77009
Marjorie Anne Hargrave	director	999 18TH STREET, SUITE 1925N, DENVER CO 80202
Jason E. Brown	officer: President & CEO	1000 LOUISIANA, SUITE 6700, HOUSTON TX 77002
Marran H. Ogilvie	director	599 LEXINGTON AVENUE, NEW YORK NY 10022
David Joe	officer: VP, Chief Admin. Officer	2500 CITYWEST BLVD., SUITE 1300, HOUSTON TX 77042
Jvl Advisors, L.l.c.	10 percent owner	10,000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
Randall D Keys	officer: President, CFO & Treasurer	3 HICKORY SHADOWS DR, HOUSTON TX 77055
Peninsula Capital Management Inc	director	235 PINE STREET, SUITE 1600, SAN FRANCISCO CA 94104
Kelly William Loyd	director	10000 MEMORIAL DRIVE, SUITE 550, HOUSTON TX 77024
William Dozier	director	3000 SAGE #1312, HOUSTON TX 77056
Gene G Stoever	director	5415 GRAYSTONE LANE, HOUSTON TX 77069