CLMEF (Calima Energy) Interest Expense: $0.47 Mil (TTM As of Jun. 2024)


CLMEF Calima Energy Ltd CLMEF
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What is Calima Energy Interest Expense?

Calima Energy CLMEF 12 Interest Expense is $0.47 Mil as of Jun. 2024. GuruFocus rates CLMEF with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Calima 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 $0.47 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. Calima Energy's Operating Income for the six months ended in Jun. 2024 was $ -0.55 Mil. Calima Energy's Interest Expense for the six months ended in Jun. 2024 was $ 0.00 Mil. Calima Energy 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.

Calima Energy  (OTCPK:CLMEF) 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.

Calima 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 $-0.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.00 Mil.

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

Calima Energy 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.

Calima Energy Interest Expense Historical Data

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The historical data trend for Calima 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.

Calima Energy Interest Expense Chart

Calima 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 -0.13 -0.12 -0.58 -0.79 -0.02

Calima 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 -0.41 -0.40 -0.48 0.47 0.00
CLMEF
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Calima Energy Ltd CLMEF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Calima 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 $0.47 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 $0.47 Mil mean?
Calima Energy (CLMEF) has a Interest Expense of $0.47 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Calima Energy and its competitors.
Is Calima Energy's Interest Expense too high?
Calima Energy's current Interest Expense is $0.47 Mil. Overall, Calima Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Calima Energy's Interest Expense compare to OKMN and ROYL?
Calima Energy's Interest Expense of $0.47 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 Calima Energy and its competitors. Calima Energy's current Interest Expense is $0.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calima Energy stock overvalued right now?
Calima Energy (CLMEF) has a current Interest Expense of $0.47 Mil. The current Interest Expense is $0.47 Mil. Calima Energy's overall GF Score™ is 12/100. 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 Calima Energy (CLMEF), the current Interest Expense is $0.47 Mil as of Jun. 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.

Calima Energy Business Description

Industry EnergyOil & Gas
Address Unit 103, 28 Station Street, Cottesloe, WA, AUS, 6011
Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company mainly focuses on finding and developing new projects. Its projects include Brooks, and Thorsby. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.
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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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