Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Interest Expense : $-2 Mil (TTM As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Japan Petroleum Exploration Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Japan Petroleum Exploration Co's interest expense for the three months ended in Dec. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-2 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. Japan Petroleum Exploration Co's Operating Income for the three months ended in Dec. 2023 was $ 79 Mil. Japan Petroleum Exploration Co's Interest Expense for the three months ended in Dec. 2023 was $ -1 Mil. Japan Petroleum Exploration Co's Interest Coverage for the quarter that ended in Dec. 2023 was 70.18. 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.

Japan Petroleum Exploration Co Interest Expense Historical Data

The historical data trend for Japan Petroleum Exploration Co'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.

Japan Petroleum Exploration Co Interest Expense Chart

Japan Petroleum Exploration Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-37.16

-43.11

-23.27

-10.01

-0.04

Japan Petroleum Exploration Co 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															-0.01	-0.02	-0.17	-0.23	-1.13

Japan Petroleum Exploration Co 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 $-2 Mil.

Japan Petroleum Exploration Co (OTCPK:JPTXF) 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.

Japan Petroleum Exploration Co's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0 Mil.

Japan Petroleum Exploration Co'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	*	78.948	/	-1.125
	=	70.18

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. Japan Petroleum Exploration Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Japan Petroleum Exploration Co Ltd (OTCPK:JPTXF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1662:Japan JP9:Germany

Address

Sapia Tower, 1-7-12, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.japex.co.jp

Japan Petroleum Exploration Co Ltd is a drilling and exploration company that specializes in the production of crude oil and liquefied natural gas. Majority of the company's revenue is derived from oil and gas fields in Japan, with additional production coming from various international positions. Japan Petroleum Exploration serves natural gas to electric power companies, local distribution companies, and various industrial users. It also supplies and sells crude oil to petroleum refiners and trading companies.