Europa Oil & Gas (Holdings) (FRA:EGN) Interest Expense : €-0.51 Mil (TTM As of Jul. 2024)

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What is Europa Oil & Gas (Holdings) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Europa Oil & Gas (Holdings)'s interest expense for the six months ended in Jul. 2024 was € -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jul. 2024 was €-0.51 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. Europa Oil & Gas (Holdings)'s Operating Income for the six months ended in Jul. 2024 was € -0.65 Mil. Europa Oil & Gas (Holdings)'s Interest Expense for the six months ended in Jul. 2024 was € -0.26 Mil. Europa Oil & Gas (Holdings) 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.

Europa Oil & Gas (Holdings) Interest Expense Historical Data

The historical data trend for Europa Oil & Gas (Holdings)'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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Europa Oil & Gas (Holdings) Interest Expense Chart

Europa Oil & Gas (Holdings) Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Interest Expense

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-0.27

-0.28

-0.49

-0.52

Europa Oil & Gas (Holdings) Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Interest Expense	Get a 7-Day Free Trial															-0.13	-0.34	-0.14	-0.26	-0.26

Europa Oil & Gas (Holdings) 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 Jul. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.51 Mil.

Europa Oil & Gas (Holdings) (FRA:EGN) 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.

Europa Oil & Gas (Holdings)'s Interest Expense for the six months ended in Jul. 2024 was €-0.26 Mil. Its Operating Income for the six months ended in Jul. 2024 was €-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2024 was €0.01 Mil.

Europa Oil & Gas (Holdings)'s Interest Coverage for the quarter that ended in Jul. 2024 is calculated as

Europa Oil & Gas (Holdings) did not have earnings to cover the interest expense.

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

Europa Oil & Gas (Holdings) Business Description

Industry

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Address

30 Newman Street, London, GBR, W1T 1PT

Website

https://www.europaoil.com

Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.