ERHE (ERHC Energy) Interest Expense : $-0.52 Mil (TTM As of Jun. 2017)

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What is ERHC Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ERHC Energy's interest expense for the three months ended in Jun. 2017 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was $-0.52 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. ERHC Energy's Operating Income for the three months ended in Jun. 2017 was $ -0.14 Mil. ERHC Energy's Interest Expense for the three months ended in Jun. 2017 was $ -0.11 Mil. ERHC Energy 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.

ERHC Energy Interest Expense Historical Data

The historical data trend for ERHC 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.

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ERHC Energy Interest Expense Chart

ERHC Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Interest Expense

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-0.13

-2.46

-0.36

ERHC Energy Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Interest Expense	Get a 7-Day Free Trial															-0.13	-0.05	-0.21	-0.15	-0.11

ERHC 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.52 Mil.

ERHC Energy (OTCPK:ERHE) 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.

ERHC Energy's Interest Expense for the three months ended in Jun. 2017 was $-0.11 Mil. Its Operating Income for the three months ended in Jun. 2017 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2017 was $0.00 Mil.

ERHC Energy's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

ERHC Energy did not have earnings to cover the interest expense.

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

ERHC Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ERHC Energy Inc (OTCPK:ERHE) » Definitions » Interest Expense

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Address

5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056

Website

http://www.erhc.com

ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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