Australian Oil & Gas (Australian Oil & Gas) Interest Expense : $-0.02 Mil (TTM As of Mar. 2012)

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What is Australian Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Australian Oil & Gas's interest expense for the three months ended in Mar. 2012 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2012 was $-0.02 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. Australian Oil & Gas's Operating Income for the three months ended in Mar. 2012 was $ -0.07 Mil. Australian Oil & Gas's Interest Expense for the three months ended in Mar. 2012 was $ -0.00 Mil. Australian Oil & Gas 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.

Australian Oil & Gas Interest Expense Historical Data

The historical data trend for Australian 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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Australian Oil & Gas Interest Expense Chart

Australian Oil & Gas Annual Data

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Interest Expense

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-0.02

-0.01

-0.03

-0.02

Australian Oil & Gas Quarterly Data
	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-	-	-

Australian 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 Mar. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Australian Oil & Gas (OTCPK:AOGC) 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.

Australian Oil & Gas's Interest Expense for the three months ended in Mar. 2012 was $-0.00 Mil. Its Operating Income for the three months ended in Mar. 2012 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2012 was $0.00 Mil.

Australian Oil & Gas's Interest Coverage for the quarter that ended in Mar. 2012 is calculated as

Australian Oil & Gas did not have earnings to cover the interest expense.

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

Australian Oil & Gas (Australian Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australian Oil & Gas Corp (OTCPK:AOGC) » Definitions » Interest Expense

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Address

500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.

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