ASKE (Alaska Pacific Energy) Interest Expense : $0.00 Mil (TTM As of Jul. 2010)

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What is Alaska Pacific Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alaska Pacific Energy's interest expense for the three months ended in Jul. 2010 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2010 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. Alaska Pacific Energy's Operating Income for the three months ended in Jul. 2010 was $ -0.94 Mil. Alaska Pacific Energy's Interest Expense for the three months ended in Jul. 2010 was $ 0.00 Mil. Alaska Pacific Energy 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.

Alaska Pacific Energy Interest Expense Historical Data

The historical data trend for Alaska Pacific 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.

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Alaska Pacific Energy Interest Expense Chart

Alaska Pacific Energy Annual Data

Trend

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Interest Expense

Alaska Pacific Energy Quarterly Data
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Alaska Pacific 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 Jul. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Alaska Pacific Energy (OTCPK:ASKE) 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.

Alaska Pacific Energy's Interest Expense for the three months ended in Jul. 2010 was $0.00 Mil. Its Operating Income for the three months ended in Jul. 2010 was $-0.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jul. 2010 was $0.00 Mil.

Alaska Pacific Energy's Interest Coverage for the quarter that ended in Jul. 2010 is calculated as

Alaska Pacific Energy had no long-term debt ⁽¹⁾.

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

Alaska Pacific Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Pacific Energy Corp (OTCPK:ASKE) » Definitions » Interest Expense

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Address

7300 NW 5th Street, Plantation, FL, USA, 33317

Website

Alaska Pacific Energy Corp is a mining and exploration company. The principal products and services of the company are oil and gas lease acquisition, well development, valuable metal property acquisition and mining and ore processing. Additionally, the company is in the hemp business. The company also offers assessment consulting on mineral rights and correlating lease viability.

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