MCF Energy (FRA:DC6) Interest Expense : €-0.00 Mil (TTM As of Sep. 2023)

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What is MCF Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MCF Energy's interest expense for the three months ended in Sep. 2023 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 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. MCF Energy's Operating Income for the three months ended in Sep. 2023 was € -1.79 Mil. MCF Energy's Interest Expense for the three months ended in Sep. 2023 was € 0.00 Mil. MCF Energy has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

MCF Energy Interest Expense Historical Data

The historical data trend for MCF 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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MCF Energy Interest Expense Chart

MCF Energy Annual Data

Trend

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Interest Expense

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-0.57

-0.40

-0.10

MCF Energy Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

MCF 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.00 Mil.

MCF Energy (FRA:DC6) 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.

MCF Energy's Interest Expense for the three months ended in Sep. 2023 was €0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was €-1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €0.00 Mil.

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

MCF Energy had no long-term debt ⁽¹⁾.

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

MCF Energy (FRA:DC6) Business Description

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MCFNF:USA DC6:Germany MCF:Canada

Address

595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1

Website

https://www.mcfenergy.com

MCF Energy Ltd is a junior resource company engaged in the identification, exploration, and development, of both proven and unproven reserves via drilling and/or acquisition with a focus on the European oil and gas sector. It has two projects which are in Australia and Germany.

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