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BRNGF (Buru Energy) Interest Expense : $-0.18 Mil (TTM As of Jun. 2024)


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What is Buru Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Buru Energy's interest expense for the six months ended in Jun. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.18 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. Buru Energy's Operating Income for the six months ended in Jun. 2024 was $ -3.35 Mil. Buru Energy's Interest Expense for the six months ended in Jun. 2024 was $ 0.00 Mil. GuruFocus does not calculate Buru Energy's interest coverage with the available data. 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.

Buru Energy Interest Expense Historical Data

The historical data trend for Buru 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.

* Premium members only.

Buru Energy Interest Expense Chart

Buru Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.07 - - -0.12

Buru Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 - - -0.18 -

Buru 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.18 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.

Buru Energy  (OTCPK:BRNGF) 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.

Buru Energy's Interest Expense for the six months ended in Jun. 2024 was $0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-3.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.50 Mil.

Buru Energy's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GuruFocus does not calculate Buru Energy's interest coverage with the available data.

* 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.

Buru Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Buru Energy Ltd (OTCPK:BRNGF) » Definitions » Interest Expense
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Traded in Other Exchanges
BRU:Australia
Address
16 Ord Street, Level 2, West Perth, WA, AUS, 6005
Website
https://www.buruenergy.com
Buru Energy Ltd is engaged in oil and gas exploration and production in the Canning Basin in the northwest of Western Australia. The group is divided into two reportable segments: the Oil Production segment which includes the development and production of the Ungani Oilfield. Exploration segment, the exploration program is focused on prospects along the Ungani oil trend, the Yulleroo area where gas resources have been identified in the Laurel Formation, and the Lennard Shelf area including the shut-in Blina and Sundown Oilfields, and Energy Transition segment initiatives to ensure it is part of the energy transition through subsidiaries.

Buru Energy Headlines

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