GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro-Victory Energy Corp (OTCPK:PTVRF) » Definitions » Interest Expense
中文

Petro-Victory Energy (Petro-Victory Energy) Interest Expense

: $-0.67 Mil (TTM As of Sep. 2023)
View and export this data going back to 2014. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petro-Victory Energy's interest expense for the three months ended in Sep. 2023 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.67 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. Petro-Victory Energy's Operating Income for the three months ended in Sep. 2023 was $ -1.50 Mil. Petro-Victory Energy's Interest Expense for the three months ended in Sep. 2023 was $ -0.30 Mil. Petro-Victory Energy 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.

Petro-Victory Energy Interest Expense Historical Data

The historical data trend for Petro-Victory 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.

* Premium members only.

Petro-Victory Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.15 -0.31 -0.44 -0.62

Petro-Victory Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -0.19 -0.13 -0.06 -0.30

Petro-Victory 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 $-0.67 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.

Petro-Victory Energy  (OTCPK:PTVRF) 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.

Petro-Victory Energy's Interest Expense for the three months ended in Sep. 2023 was $-0.30 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-1.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $3.50 Mil.

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

Petro-Victory Energy did not have earnings to cover the interest expense.

* 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.

Petro-Victory Energy (Petro-Victory Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petro-Victory Energy Corp (OTCPK:PTVRF) » Definitions » Interest Expense
Comparable Companies
TSXV:SOU TSXV:VVC TSXV:PEI TSXV:AVN TSXV:DME TSX:PMT TSXV:LNGE XCNQ:TCF TSXV:SNV TSXV:RRL COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
VRY:Canada
Address
5960 Berkshire Lane, 6th Floor, Dallas, TX, USA, 75225
Website
https://www.petrovictoryenergy.com
Petro-Victory Energy Corp is an oil and gas company that is engaged in the acquisition and development of crude oil and natural gas resources in Brazil. It also holds an interest in more than twenty licenses totaling around 164,000 acres in four different producing basins in Brazil.