Delta Oil & Gas (Delta Oil & Gas) Interest Expense : $-0.02 Mil (TTM As of Sep. 2014)

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What is Delta Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Delta Oil & Gas's interest expense for the three months ended in Sep. 2014 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was $-0.02 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. Delta Oil & Gas's Operating Income for the three months ended in Sep. 2014 was $ -0.12 Mil. Delta Oil & Gas's Interest Expense for the three months ended in Sep. 2014 was $ -0.01 Mil. Delta Oil & Gas 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.

Delta Oil & Gas Interest Expense Historical Data

The historical data trend for Delta Oil & Gas'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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Delta Oil & Gas Interest Expense Chart

Delta Oil & Gas Annual Data

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Interest Expense

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Delta Oil & Gas Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Interest Expense	Get a 7-Day Free Trial															-	-	-0.01	-0.01	-0.01

Delta Oil & Gas 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Delta Oil & Gas (GREY:DLTA) 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.

Delta Oil & Gas's Interest Expense for the three months ended in Sep. 2014 was $-0.01 Mil. Its Operating Income for the three months ended in Sep. 2014 was $-0.12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was $0.00 Mil.

Delta Oil & Gas's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Delta Oil & Gas did not have earnings to cover the interest expense.

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

Delta Oil & Gas (Delta Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Delta Oil & Gas Inc (GREY:DLTA) » Definitions » Interest Expense

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Address

700 West Pender Street, Suite 604, Vancouver, BC, CAN, V6C 1G8

Website

http://www.deltaoilandgas.com

Delta Oil & Gas Inc is a part of the energy sector. It is an independent natural gas and oil company engaged in the exploration, development, and acquisition of natural gas and oil properties in the United States and Canada. The Company seeks to acquire and develop properties with undeveloped reserves that are economically attractive to it. Its properties include Texas Prospect, Premont Northwest Field, and King City.

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