What is PEDEVCO Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PEDEVCO's interest expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. PEDEVCO's Operating Income for the
three
months ended in Dec. 2023 was $ 0.10 Mil. PEDEVCO's Interest Expense for the
three
months ended in Dec. 2023 was $ 0.00 Mil.
GuruFocus does not calculate PEDEVCO'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.
PEDEVCO 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 $0.00 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.
PEDEVCO (AMEX:PED) 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.
PEDEVCO's Interest Expense for the
three
months ended in Dec. 2023 was $0.00 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $0.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $0.23 Mil.
PEDEVCO's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| GuruFocus does not calculate PEDEVCO'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:
Ben Graham prefers companies' interest coverage to be at least 5. PEDEVCO Corp has enough cash to cover all of its debt. Its financial situation is stable.
PEDEVCO (PEDEVCO) Business Description
Traded in Other Exchanges
Address
575 N. Dairy Ashford, Suite 210, Houston, TX, USA, 77079
PEDEVCO Corp is an oil and gas company focused on the acquisition and development of oil and natural gas assets where the latest in modern drilling and completion techniques and technologies have yet to be applied. In particular, the company focuses on legacy proved properties where there is a long production history, well-defined geology and existing infrastructure that can be leveraged when applying modern field management technologies. The current properties of the company are located in the San Andres formation of the Permian Basin situated in West Texas and eastern New Mexico (the Permian Basin) and in the Denver-Julesberg Basin (D-J Basin) in Colorado.
Executives
| John Douglas Schick |
officer: President |
514 BRIAR KNOLL DR., HOUSTON TX 77079 |
| Paul Anthony Pinkston |
officer: CAO and PFO and AO |
450 GEARS ROAD, SUITE 860, HOUSTON TX 77067 |
| Moore Clark |
officer: Executive VP |
12244 SANTA TERESA DRIVE, SAN RAMON CA 94538 |
| John J Scelfo |
director |
333 LAS OLAJ WAY, 1010, FORT LAUDERDALE FL 33301 |
| Ivar Siem |
director |
710 N. POST OAK RD., STE. 512, HOUSTON TX 77024 |
| Simon G Kukes |
10 percent owner |
|
| Sgk 2018 Revocable Trust |
10 percent owner |
575 N. DAIRY ASHFORD, ENERGY CENTER II, SUITE 210, HOUSTON TX 77079 |
| Viktor Tkachev |
10 percent owner |
ARHITEKTORA VLASOVA STREET 22, APT 93, MOSCOW 1Z 117393 |
| Harold Douglas Evans |
director |
20711 FAIRWATER DRIVE, KATY TX 77450 |
| Sk Energy Llc |
director, 10 percent owner, officer: Chif Executive Officer |
5100 WESTHEIMER, SUITE 200, HOUSTON TX 77056 |
| Gregory L Overholtzer |
officer: Chief Financial Officer |
120 ROSE ORCHARD WAY, SAN JOSE CA 95134 |
| Michael L Peterson |
director, officer: CEO and President |
17 CANARY COURT, DANVILLE CA 94526 |
| Frank C Ingriselli |
director, 10 percent owner, officer: President |
250 EAST HARTSDALE AVE, HARTSDALE NY 10530 |
| Adam Mccune Mcafee |
director |
4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506 |
| David Z Steinberg |
director |
4125 BLACKHAWK PLAZA CIRCLE, SUITE 201, DANVILLE CA 94506 |
PEDEVCO (PEDEVCO) Headlines
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