Tallgrass Energy (FRA:TGV) Interest Expense : €-0.44 Mil (TTM As of Dec. 2012)

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What is Tallgrass Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tallgrass Energy's interest expense for the six months ended in Dec. 2012 was € -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2012 was €-0.44 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. Tallgrass Energy's Operating Income for the six months ended in Dec. 2012 was € -2.32 Mil. Tallgrass Energy's Interest Expense for the six months ended in Dec. 2012 was € -0.44 Mil. Tallgrass 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.

Tallgrass Energy Interest Expense Historical Data

The historical data trend for Tallgrass 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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Tallgrass Energy Interest Expense Chart

Tallgrass Energy Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Expense

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-0.02

-0.05

-0.01

-0.44

Tallgrass Energy Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Interest Expense	Get a 7-Day Free Trial				-0.02	-0.05	-	-0.01	-0.44

Tallgrass Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2012 was €-0.44 Mil.

Tallgrass Energy (FRA:TGV) 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.

Tallgrass Energy's Interest Expense for the six months ended in Dec. 2012 was €-0.44 Mil. Its Operating Income for the six months ended in Dec. 2012 was €-2.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2012 was €0.00 Mil.

Tallgrass Energy's Interest Coverage for the quarter that ended in Dec. 2012 is calculated as

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

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

Tallgrass Energy (FRA:TGV) Business Description

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Website

http://www.tallgrassenergy.ca

Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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