PetroGas Co (PetroGas Co) Interest Expense : $-0.06 Mil (TTM As of Dec. 2023)

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What is PetroGas Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PetroGas Co's interest expense for the three months ended in Dec. 2023 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.06 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. PetroGas Co's Operating Income for the three months ended in Dec. 2023 was $ -0.01 Mil. PetroGas Co's Interest Expense for the three months ended in Dec. 2023 was $ -0.01 Mil. PetroGas Co did not have earnings to cover the interest expense. 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.

PetroGas Co Interest Expense Historical Data

The historical data trend for PetroGas 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.

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PetroGas Co Interest Expense Chart

PetroGas Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-0.09

-0.10

-0.09

-0.06

PetroGas 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															-0.02	-0.01	-0.02	-0.01	-0.01

PetroGas 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 $-0.06 Mil.

PetroGas Co (OTCPK:PTCO) 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.

PetroGas Co's Interest Expense for the three months ended in Dec. 2023 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.00 Mil.

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

PetroGas Co did not have earnings to cover the interest expense.

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

PetroGas Co (PetroGas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroGas Co (OTCPK:PTCO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2800 Post Oak Boulevard, Suite 4100, Houston, TX, USA, 77056

Website

http://www.petro-gas.co

PetroGas Co is an oil and gas exploration and production company. It is focused on the acquisition of properties in areas with significant oil reserves and drilling potential.

Executives

Mark Corrao	officer: CFO	531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Robert Wiener	director	2537 S. GESSNER, #201, HOUSTON TX 77063
Joe Madison Seabourn	director	2925 ROBERTSON DR., ABILENE TX 79606
Huang Yu	director, officer: President, Secretary, Treasure	GAO XIN KAI FA QU GAO XIN SI LU ZHONG, JIAN SAN JU RONG HE TIAN YU XIANG MU BU, LIU ZHOU, GUANG XI F4 00000
Xiang Wu Zheng	10 percent owner	HOA SI SHA JING LU 1 HAO 51 HU LONG TIAN, ZHENG, CHAO NAN QU, SHAN TOU, HUANG DONG F4 00000

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