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CEIN (Camber Energy) Interest Expense : $-5.73 Mil (TTM As of Sep. 2024)


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What is Camber Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Camber Energy's interest expense for the three months ended in Sep. 2024 was $ -1.37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-5.73 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. Camber Energy's Operating Income for the three months ended in Sep. 2024 was $ -1.87 Mil. Camber Energy's Interest Expense for the three months ended in Sep. 2024 was $ -1.37 Mil. Camber 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.


Camber Energy Interest Expense Historical Data

The historical data trend for Camber 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.

Camber Energy Interest Expense Chart

Camber 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 -20.96 -27.02 -13.76 -0.74 -3.12

Camber Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.03 -1.49 -1.48 -1.39 -1.37

Camber 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.73 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.


Camber Energy  (OTCPK:CEIN) 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.

Camber Energy's Interest Expense for the three months ended in Sep. 2024 was $-1.37 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-1.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $47.13 Mil.

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

Camber 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.


Camber Energy Business Description

Traded in Other Exchanges
N/A
Address
12 Greenway Plaza, Suite 1100, Houston, TX, USA, 77046
Camber Energy Inc is a growth-oriented diversified energy company. Through its majority-owned subsidiaries, it provides custom energy and power solutions to commercial and industrial clients in North America. The Company reports its operations in two industry segments: Oil & Gas and Power. The power generation segment provides custom energy and power solutions to commercial and industrial clients in North America and the oil and gas segment is involved in exploration and production with properties in central and southern United States. The majority of revenue is from the power generation segment.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
John F Mcvicar officer: Chief Financial Officer 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Troy Andrew Caruso 10 percent owner 10 COLONIAL DRIVE, SMITHTOWN NY 11787
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Rad2 Minerals, Ltd 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209