BRLL (Barrel Energy) Interest Expense: $-0.16 Mil (TTM As of Sep. 2020)


What is Barrel Energy Interest Expense?

Barrel Energy BRLL Interest Expense is $-0.16 Mil as of Sep. 2020.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Barrel Energy's interest expense for the six months ended in Sep. 2020 was $ -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $-0.16 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. Barrel Energy's Operating Income for the six months ended in Sep. 2020 was $ -1.04 Mil. Barrel Energy's Interest Expense for the six months ended in Sep. 2020 was $ -0.16 Mil. Barrel Energy 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.

Barrel Energy  (OTCPK:BRLL) 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.

Barrel Energy's Interest Expense for the six months ended in Sep. 2020 was $-0.16 Mil. Its Operating Income for the six months ended in Sep. 2020 was $-1.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2020 was $3.75 Mil.

Barrel Energy's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Barrel Energy 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.

Barrel Energy Interest Expense Historical Data

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The historical data trend for Barrel 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.

Barrel Energy Interest Expense Chart

Barrel Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
Interest Expense
-0.01 -0.01 -0.01 -0.01 -0.33

Barrel Energy Semi-Annual Data
Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Interest Expense Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.33 -0.16

Barrel Energy 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. 2020 was $-0.16 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 $-0.16 Mil mean?
Barrel Energy (BRLL) has a Interest Expense of $-0.16 Mil as of Sep. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Barrel Energy and its competitors.
Is Barrel Energy's Interest Expense too high?
Barrel Energy's current Interest Expense is $-0.16 Mil.
How does Barrel Energy's Interest Expense compare to SPOWF and LEEN?
Barrel Energy's Interest Expense of $-0.16 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas 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 Barrel Energy and its competitors. Barrel Energy's current Interest Expense is $-0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrel Energy stock overvalued right now?
Barrel Energy (BRLL) has a current Interest Expense of $-0.16 Mil. The current Interest Expense is $-0.16 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 Barrel Energy (BRLL), the current Interest Expense is $-0.16 Mil as of Sep. 2020. 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.

Barrel Energy Business Description

Industry EnergyOil & Gas
Address 3859 S Valley View Boulevard, Suite 2, West Orange, NJ, USA, 07052
Barrel Energy Inc provides essential grease trap services, eco-friendly cleaning products, and oil recycling solutions for restaurants and food service businesses throughout the greater Portland area. It recognizes revenue from Grease trap cleaning and maintenances service, Cleaning product line, Pressure washing service, Used cooking oil recycling, and Tech fees.