CWPE (CW Petroleum) Interest Expense : $ Mil (TTM As of . 20)

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What is CW Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CW Petroleum's interest expense for the six months ended in . 20 was $ 0.00 Mil. CW Petroleum does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. CW Petroleum's Operating Income for the six months ended in . 20 was $ 0.00 Mil. CW Petroleum's Interest Expense for the six months ended in . 20 was $ 0.00 Mil. CW Petroleum 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.

CW Petroleum Interest Expense Historical Data

The historical data trend for CW Petroleum'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.

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CW Petroleum Interest Expense Chart

CW Petroleum Annual Data

Trend

Interest Expense

CW Petroleum Semi-Annual Data

Interest Expense

CW Petroleum Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

CW Petroleum (OTCPK:CWPE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CW Petroleum's Interest Expense for the six months ended in . 20 was $0.00 Mil. Its Operating Income for the six months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in . 20 was $0.00 Mil.

CW Petroleum's Interest Coverage for the quarter that ended in . 20 is calculated as

CW Petroleum had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

CW Petroleum Business Description

Industry

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Address

23501 Cinco Ranch Boulevard, Suite H120, No. 325, Katy, TX, USA, 77494

Website

https://cwpetroleumcorp.com

CW Petroleum Corp is engaged in the supply and distribution of Biodiesel, Biodiesel Blends, Renewable Gasoline, and a 92 Octane Reformulated No Ethanol Gasoline to distributors, convenience stores, marinas, and end-users. The EPA licenses the Company to create its proprietary gasoline blends. CW Petroleum Corp is licensed to distribute Diesel Fuel & Gasoline by the States of Texas, Louisiana, Oklahoma, California, Colorado, New Jersey, Maryland, Pennsylvania, and Arizona. Its products are biodiesel, Gasoline, RIN Trading, Biodiesel additives and Others. The group's services are CW Fuel Transport-Freight Services-Fuel Hauling, CW Fuel Transport-Freight Services-Chemical Hauling, Metered Offloads/Split Drops, Tote/Drumming Services, and Railcar Transloading.