What is LinnCo LLC Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LinnCo LLC's interest expense for the
three
months ended in Sep. 2016 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 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. LinnCo LLC's Operating Income for the
three
months ended in Sep. 2016 was $ -0.86 Mil. LinnCo LLC's Interest Expense for the
three
months ended in Sep. 2016 was $ 0.00 Mil.
LinnCo LLC 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.
LinnCo LLC 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. 2016 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.
LinnCo LLC (OTCPK:LNCOQ) 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.
LinnCo LLC's Interest Expense for the
three
months ended in Sep. 2016 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Sep. 2016 was $-0.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2016 was $0.00 Mil.
LinnCo LLC's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as
| LinnCo LLC had no long-term debt (1). |
* 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.
LinnCo LLC (LinnCo LLC) Business Description
Traded in Other Exchanges
N/A
Address
LinnCo LLC is a Delaware limited liability company formed on April 30, 2012, under the Delaware Limited Liability Company Act. The Company owns interests in Linn Energy, LLC. It had no significant assets or operations other than those related to its interest in LINN Energy. LINN Energy is an independent oil and natural gas company. Its properties, including those acquired in the Berry acquisition, are located in seven operating regions in the U.S. are Rockies, which includes properties located in Wyoming (Green River Basin and Powder River Basin), Utah (Uinta Basin), North Dakota (Williston Basin) and Colorado (Piceance Basin); Mid-Continent, which includes properties in Oklahoma, Louisiana and the eastern portion of the Texas Panhandle (including the Granite Wash and Cleveland horizontal plays); Hugoton Basin, which includes properties located in Kansas and the Shallow Texas Panhandle; California, which includes the San Joaquin Valley Basin and the Los Angeles Basin; Permian Basin, which includes areas in west Texas and southeast New Mexico; Michigan/Illinois, which includes the Antrim Shale formation in the northern part of Michigan and oil properties in southern Illinois; and East Texas, which includes properties located in east Texas.
Executives
| Stephen J Hadden |
director |
3 SUMMIT PARK DRIVE, SUITE 700, INDEPENDENCE OH 44131 |
| Mark E Ellis |
director, officer: Chairman, President and CEO |
717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002 |
| Michael C Linn |
director |
650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228 |
| David D Dunlap |
other: Former Director |
3003 SWISS AVE HOUSTON TX 75204 |
| George A Alcorn |
director |
P O BOX 4362, HOUSTON TX 77210-4362 |
| Jeffrey C Swoveland |
director |
C/O PETROLEUM DEVELOPMENT CORP, 1775 SHERMAN STREET, SUITE 3000, DENVER CO 80203 |
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