Enxnet (Enxnet) Interest Expense : $-0.04 Mil (TTM As of Sep. 2019)

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What is Enxnet Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enxnet's interest expense for the three months ended in Sep. 2019 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-0.04 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. Enxnet's Operating Income for the three months ended in Sep. 2019 was $ -0.01 Mil. Enxnet's Interest Expense for the three months ended in Sep. 2019 was $ -0.01 Mil. Enxnet 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.

Enxnet Interest Expense Historical Data

The historical data trend for Enxnet'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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Enxnet Interest Expense Chart

Enxnet Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Interest Expense

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-0.03

-0.04

-0.05

-0.04

Enxnet Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.01	-0.01

Enxnet 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

Enxnet (OTCPK:EXNT) 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.

Enxnet's Interest Expense for the three months ended in Sep. 2019 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $0.00 Mil.

Enxnet's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Enxnet did not have earnings to cover the interest expense.

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

Enxnet (Enxnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enxnet Inc (OTCPK:EXNT) » Definitions » Interest Expense

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Address

7450 S. Winston Avenue, Tulsa, OK, USA, 74136

Website

http://www.enxnet.com

Enxnet Inc is the United States based natural gas and petroleum exploitation, development, and production company engaged in locating and developing hydrocarbon resources, in the Rocky Mountain region. Its principal business is the acquisition of leasehold interests in petroleum and natural gas rights, either directly or indirectly, and the exploitation and development of properties subject to these leases. The company has leased property in Colorado and is searching for additional opportunities in the natural gas and petroleum industry.

Executives

Stephen J Hoelscher

officer: CFO

515 CONGRESS AVE, STE 1400, AUSTIN TX 78701

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