Cross Border Resources (Cross Border Resources) Interest Expense : $-0.46 Mil (TTM As of Mar. 2015)

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What is Cross Border Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cross Border Resources's interest expense for the three months ended in Mar. 2015 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.46 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. Cross Border Resources's Operating Income for the three months ended in Mar. 2015 was $ 0.08 Mil. Cross Border Resources's Interest Expense for the three months ended in Mar. 2015 was $ -0.10 Mil. Cross Border Resources's Interest Coverage for the quarter that ended in Mar. 2015 was 0.77. 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.

Cross Border Resources Interest Expense Historical Data

The historical data trend for Cross Border Resources'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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Cross Border Resources Interest Expense Chart

Cross Border Resources Annual Data

Trend

Jul06

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

Dec14

Interest Expense

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-0.91

-0.46

-0.55

-0.64

-0.49

Cross Border Resources Quarterly Data
	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Interest Expense	Get a 7-Day Free Trial															-0.14	-0.14	-0.11	-0.11	-0.10

Cross Border Resources 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 Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.46 Mil.

Cross Border Resources (OTCPK:XBOR) 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.

Cross Border Resources's Interest Expense for the three months ended in Mar. 2015 was $-0.10 Mil. Its Operating Income for the three months ended in Mar. 2015 was $0.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2015 was $0.00 Mil.

Cross Border Resources's Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2015 )	/	Interest Expense (Q: Mar. 2015 )
	=	-1	*	0.08	/	-0.104
	=	0.77

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

Cross Border Resources (Cross Border Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Border Resources Inc (OTCPK:XBOR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201

Website

http://www.xbres.com

Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.

Executives

Laroche Richard F Jr	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii	other: Former Chief Executive Officer	P. O. BOX 5375, MIDLAND TX 79704

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