GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australis Oil & Gas Ltd (ASX:ATS) » Definitions » Interest Expense

Australis Oil & Gas (ASX:ATS) Interest Expense : A$-1.53 Mil (TTM As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Australis Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Australis Oil & Gas's interest expense for the six months ended in Dec. 2023 was A$ -0.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.53 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. Australis Oil & Gas's Operating Income for the six months ended in Dec. 2023 was A$ -0.19 Mil. Australis Oil & Gas's Interest Expense for the six months ended in Dec. 2023 was A$ -0.54 Mil. Australis 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.


Australis Oil & Gas Interest Expense Historical Data

The historical data trend for Australis 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.

* Premium members only.

Australis Oil & Gas Interest Expense Chart

Australis Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -3.52 -3.90 -2.67 -4.08 -1.53

Australis Oil & Gas Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.22 -0.73 -3.32 -0.99 -0.54

Australis 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.53 Mil.

* 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.


Australis Oil & Gas  (ASX:ATS) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Australis Oil & Gas's Interest Expense for the six months ended in Dec. 2023 was A$-0.54 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$5.96 Mil.

Australis Oil & Gas's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

* 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.

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


Australis Oil & Gas (ASX:ATS) Business Description

Traded in Other Exchanges
N/A
Address
215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue.