Forte Energy NL (ASX:FTE) Interest Expense: A$-0.49 Mil (TTM As of Dec. 2016)


What is Forte Energy NL Interest Expense?

Forte Energy NL ASX:FTE Interest Expense is A$-0.49 Mil as of Dec. 2016. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Forte Energy NL's interest expense for the six months ended in Dec. 2016 was A$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was A$-0.49 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. Forte Energy NL's Operating Income for the six months ended in Dec. 2016 was A$ -1.18 Mil. Forte Energy NL's Interest Expense for the six months ended in Dec. 2016 was A$ -0.01 Mil. Forte Energy NL 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.

Forte Energy NL  (ASX:FTE) 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.

Forte Energy NL's Interest Expense for the six months ended in Dec. 2016 was A$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2016 was A$-1.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2016 was A$0.00 Mil.

Forte Energy NL's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Forte Energy NL 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.

Forte Energy NL Interest Expense Historical Data

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The historical data trend for Forte Energy NL'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.

Forte Energy NL Interest Expense Chart

Forte Energy NL Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.22 -0.33 -0.48

Forte Energy NL Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.24 -0.09 0.00 -0.48 -0.01

Forte Energy NL 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. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.49 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of A$-0.49 Mil mean?
Forte Energy NL (ASX:FTE) has a Interest Expense of A$-0.49 Mil as of Dec. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Forte Energy NL and its competitors.
Is Forte Energy NL's Interest Expense too high?
Forte Energy NL's current Interest Expense is A$-0.49 Mil.
How does Forte Energy NL's Interest Expense compare to ZIMCF and MCCX?
Forte Energy NL's Interest Expense of A$-0.49 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Forte Energy NL and its competitors. Forte Energy NL's current Interest Expense is A$-0.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy NL stock overvalued right now?
Forte Energy NL (ASX:FTE) has a current Interest Expense of A$-0.49 Mil. The current Interest Expense is A$-0.49 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Forte Energy NL (ASX:FTE), the current Interest Expense is A$-0.49 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forte Energy NL Business Description

BOS Global Holdings Ltd is an Australian software company which focuses on creating enterprise productivity solutions for the global workforce market. Its products include BOS360 Work Patterns, BOSMeet, BOSTime, and BOSAutomate. The BOS360 Work Patterns captures a digital footprint of worker's activity and presents it in a visual and powerful format that offers awareness driving efficiency and productive behavior; the BOSMeet is meeting management software; the BOSTime is automatic time an activity tracker; and the BOSAutomate is a complete document and records management suite which offers document management and electronic records management. The company serves its customer in Australia, Asia, UK, Europe and North America.