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Commerce Energy Group (Commerce Energy Group) Interest Expense : $-9.4 Mil (TTM As of Apr. 2009)


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What is Commerce Energy Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Commerce Energy Group's interest expense for the three months ended in Apr. 2009 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2009 was $-9.4 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. Commerce Energy Group's Operating Income for the three months ended in Apr. 2009 was $ -0.1 Mil. Commerce Energy Group's Interest Expense for the three months ended in Apr. 2009 was $ 0.0 Mil. Commerce Energy Group 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.


Commerce Energy Group Interest Expense Historical Data

The historical data trend for Commerce Energy Group'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.

Commerce Energy Group Interest Expense Chart

Commerce Energy Group Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Interest Expense
Get a 7-Day Free Trial Premium Member Only - - - -1.05 -1.97

Commerce Energy Group Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
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 -0.23 -1.06 -6.85 -1.52 -

Commerce Energy Group 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 Apr. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.4 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.


Commerce Energy Group  (OTCPK:CMNR) 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.

Commerce Energy Group's Interest Expense for the three months ended in Apr. 2009 was $0.0 Mil. Its Operating Income for the three months ended in Apr. 2009 was $-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2009 was $0.0 Mil.

Commerce Energy Group's Interest Coverage for the quarter that ended in Apr. 2009 is calculated as

Commerce Energy Group 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.


Commerce Energy Group (Commerce Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626
Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.
Executives
C Douglas Mitchell officer: Chief Financial Officer 600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

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