Energy & Technology (Energy & Technology) Interest Expense : $-0.20 Mil (TTM As of Sep. 2018)

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What is Energy & Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Energy & Technology's interest expense for the three months ended in Sep. 2018 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-0.20 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. Energy & Technology's Operating Income for the three months ended in Sep. 2018 was $ -0.09 Mil. Energy & Technology's Interest Expense for the three months ended in Sep. 2018 was $ -0.05 Mil. Energy & Technology 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.

Energy & Technology Interest Expense Historical Data

The historical data trend for Energy & Technology'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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Energy & Technology Interest Expense Chart

Energy & Technology Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Interest Expense

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-0.16

-0.06

-0.02

-0.34

-0.19

Energy & Technology Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Interest Expense	Get a 7-Day Free Trial															-0.13	-0.05	-0.05	-0.05	-0.05

Energy & Technology 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.20 Mil.

Energy & Technology (OTCPK:ENGT) 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.

Energy & Technology's Interest Expense for the three months ended in Sep. 2018 was $-0.05 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.01 Mil.

Energy & Technology's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Energy & Technology did not have earnings to cover the interest expense.

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

Energy & Technology (Energy & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy & Technology Corp (OTCPK:ENGT) » Definitions » Interest Expense

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Address

P.O. Box 52523, Lafayette, LA, USA, 70505

Website

https://www.engt.com

Energy & Technology Corp is engaged in the manufacturing and reclamation of commodities, energy, technology, oil and gas equipment, and products. The company offers services, which include engineering, manufacturing, reclamation, sales, destructive and non-destructive testing (NDT), inspection services, storage, and maintenance for pipes and equipment utilized in the energy industry. The manufactured pipe and equipment are supplied to the company by various steel mills in finished or unfinished form for it to process.

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