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Renegade Petroleum (FRA:67C) Interest Expense : €-9.2 Mil (TTM As of Dec. 2013)


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What is Renegade Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Renegade Petroleum's interest expense for the three months ended in Dec. 2013 was € -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2013 was €-9.2 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. Renegade Petroleum's Operating Income for the three months ended in Dec. 2013 was € -65.0 Mil. Renegade Petroleum's Interest Expense for the three months ended in Dec. 2013 was € -2.2 Mil. Renegade 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.


Renegade Petroleum Interest Expense Historical Data

The historical data trend for Renegade 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.

* Premium members only.

Renegade Petroleum Interest Expense Chart

Renegade Petroleum Annual Data
Trend Apr04 Apr05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -0.50 -1.48 -2.80 -8.74

Renegade Petroleum Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -1.08 -2.26 -2.45 -2.33 -2.19

Renegade Petroleum 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 Dec. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.2 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.


Renegade Petroleum  (FRA:67C) 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.

Renegade Petroleum's Interest Expense for the three months ended in Dec. 2013 was €-2.2 Mil. Its Operating Income for the three months ended in Dec. 2013 was €-65.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2013 was €0.0 Mil.

Renegade Petroleum's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Renegade Petroleum did not have earnings to cover the interest expense.

* 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.


Renegade Petroleum (FRA:67C) Business Description

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Renegade Petroleum Ltd. was incorporated under the BusinessCorporations Act (Alberta) on June 22, 1998. It was formerly known as Colonia Energy Corp. and changed its name to Renegade Petroleum Ltd. in January 2010. The Company is an oil and gas exploration and production company with assets located in Saskatchewan, Alberta, Manitoba and North Dakota.

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