BOREF (Borealis Exploration) Interest Expense: $0.00 Mil (TTM As of Sep. 2024)

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BOREF Borealis Exploration Ltd BOREF
29 GF Score
Price $2.00
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What is Borealis Exploration Interest Expense?

Borealis Exploration BOREF 29 Interest Expense is $0.00 Mil as of Sep. 2024. GuruFocus rates BOREF with a GF Score™ of 29/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borealis Exploration's interest expense for the six months ended in Sep. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 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. Borealis Exploration's Operating Income for the six months ended in Sep. 2024 was $ -0.01 Mil. Borealis Exploration's Interest Expense for the six months ended in Sep. 2024 was $ 0.00 Mil. Borealis Exploration 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.

Borealis Exploration  (OTCPK:BOREF) 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.

Borealis Exploration's Interest Expense for the six months ended in Sep. 2024 was $0.00 Mil. Its Operating Income for the six months ended in Sep. 2024 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $0.00 Mil.

Borealis Exploration's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Borealis Exploration had no long-term debt (1).

* 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.

Borealis Exploration Interest Expense Historical Data

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The historical data trend for Borealis Exploration'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.

Borealis Exploration Interest Expense Chart

Borealis Exploration Annual Data
Trend Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Borealis Exploration Semi-Annual Data
Mar13 Mar14 Mar15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOREF
29GF Score
Borealis Exploration Ltd BOREF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis Exploration Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 was $0.00 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 $0.00 Mil mean?
Borealis Exploration (BOREF) has a Interest Expense of $0.00 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Borealis Exploration and its competitors.
Is Borealis Exploration's Interest Expense too high?
Borealis Exploration's current Interest Expense is $0.00 Mil. Overall, Borealis Exploration has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Exploration's Interest Expense compare to EDGM and NIMU?
Borealis Exploration's Interest Expense of $0.00 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Interest Expense depends on the Diversified Financial Services 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 Borealis Exploration and its competitors. Borealis Exploration's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Exploration stock overvalued right now?
Borealis Exploration (BOREF) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 Mil. Borealis Exploration's overall GF Score™ is 29/100. 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 Borealis Exploration (BOREF), the current Interest Expense is $0.00 Mil as of Sep. 2024. 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.

Borealis Exploration Business Description

Address 43/1 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA
Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrue interest on the outstanding balance of this loan.
29GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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