United States Oil and Gas (FRA:NG5B) Interest Expense: €-0.15 Mil (TTM As of Sep. 2011)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is United States Oil and Gas Interest Expense?

United States Oil and Gas FRA:NG5B Interest Expense is €-0.15 Mil as of Sep. 2011.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United States Oil and Gas's interest expense for the three months ended in Sep. 2011 was € -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2011 was €-0.15 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. United States Oil and Gas's Operating Income for the three months ended in Sep. 2011 was € -0.20 Mil. United States Oil and Gas's Interest Expense for the three months ended in Sep. 2011 was € -0.03 Mil. United States Oil and 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.

United States Oil and Gas  (FRA:NG5B) 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.

United States Oil and Gas's Interest Expense for the three months ended in Sep. 2011 was €-0.03 Mil. Its Operating Income for the three months ended in Sep. 2011 was €-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2011 was €2.76 Mil.

United States Oil and Gas's Interest Coverage for the quarter that ended in Sep. 2011 is calculated as

United States Oil and Gas 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.

United States Oil and Gas Interest Expense Historical Data

* Premium members only.

The historical data trend for United States Oil and 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.

United States Oil and Gas Interest Expense Chart

United States Oil and Gas Annual Data
Trend Dec09 Dec10
Interest Expense
-0.11 -0.30

United States Oil and Gas Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.05 -0.04 -0.03 -0.03

United States Oil and 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.15 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.15 Mil mean?
United States Oil and Gas (FRA:NG5B) has a Interest Expense of €-0.15 Mil as of Sep. 2011. Interest Expense is the amount a company pays on its long-term debt. View historical data on United States Oil and Gas and its competitors.
Is United States Oil and Gas' Interest Expense too high?
United States Oil and Gas' current Interest Expense is €-0.15 Mil.
How does United States Oil and Gas' Interest Expense compare to competitors?
United States Oil and Gas' Interest Expense of €-0.15 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on United States Oil and Gas and its competitors. United States Oil and Gas's current Interest Expense is €-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Oil and Gas stock overvalued right now?
United States Oil and Gas (FRA:NG5B) has a current Interest Expense of €-0.15 Mil. The current Interest Expense is €-0.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For United States Oil and Gas (FRA:NG5B), the current Interest Expense is €-0.15 Mil as of Sep. 2011. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

United States Oil and Gas Business Description

Industry EnergyOil & Gas
United States Oil And Gas Corp was founded in April 2007. The Company identifies and attempts to acquire domestic oil and gas service companies that market and distribute refined fuels, distillates (which are liquid petroleum products that are burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power) and propane to retail and wholesale customers and oversee the operations of the businesses it acquires. Its acquisition targets are small to mid-sized family-run companies. Oil and gas service companies typically purchase bulk fuel and propane from regional suppliers, then store, sell, and deliver the fuel and propane to local businesses, drillers, farms, wholesalers, and individuals.