Titan Oil & Gas (Titan Oil & Gas) Interest Expense : $0.00 Mil (TTM As of May. 2013)

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What is Titan Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Titan Oil & Gas's interest expense for the three months ended in May. 2013 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2013 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. Titan Oil & Gas's Operating Income for the three months ended in May. 2013 was $ -0.01 Mil. Titan Oil & Gas's Interest Expense for the three months ended in May. 2013 was $ 0.00 Mil. Titan Oil & Gas 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.

Titan Oil & Gas Interest Expense Historical Data

The historical data trend for Titan Oil & Gas'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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Titan Oil & Gas Interest Expense Chart

Titan Oil & Gas Annual Data

Trend

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Interest Expense

Titan Oil & Gas Quarterly Data
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Titan Oil & Gas 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 May. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Titan Oil & Gas (GREY:TNGS) 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.

Titan Oil & Gas's Interest Expense for the three months ended in May. 2013 was $0.00 Mil. Its Operating Income for the three months ended in May. 2013 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2013 was $0.00 Mil.

Titan Oil & Gas's Interest Coverage for the quarter that ended in May. 2013 is calculated as

Titan Oil & Gas had no long-term debt ⁽¹⁾.

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

Titan Oil & Gas (Titan Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Titan Oil & Gas Inc (GREY:TNGS) » Definitions » Interest Expense

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Address

7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128

Website

http://www.titanoilgas.com

Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

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