FTXP (Foothills Exploration) Interest Expense: $-10.83 Mil (TTM As of Sep. 2019)

What is Foothills Exploration Interest Expense?

Foothills Exploration FTXP -99.00% Interest Expense is $-10.83 Mil as of Sep. 2019.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Foothills Exploration's interest expense for the three months ended in Sep. 2019 was $ -1.78 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2019 was $-10.83 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. Foothills Exploration's Operating Income for the three months ended in Sep. 2019 was $ -1.17 Mil. Foothills Exploration's Interest Expense for the three months ended in Sep. 2019 was $ -1.78 Mil. Foothills Exploration 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.

Foothills Exploration (OTCPK:FTXP) 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.

Foothills Exploration's Interest Expense for the three months ended in Sep. 2019 was $-1.78 Mil. Its Operating Income for the three months ended in Sep. 2019 was $-1.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2019 was $0.00 Mil.

Foothills Exploration's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Foothills Exploration 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.

Foothills Exploration Interest Expense Historical Data

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The historical data trend for Foothills Exploration's Interest Expense can be seen below:

Foothills Exploration Interest Expense Chart

Foothills Exploration Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Interest Expense

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0.00

-0.03

-0.93

-2.25

Foothills Exploration Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Interest Expense	Get a 7-Day Free Trial															-0.25	-1.08	-7.47	-0.50	-1.78

Foothills Exploration 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.83 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-10.83 Mil mean?

Foothills Exploration (FTXP) has a Interest Expense of $-10.83 Mil as of Sep. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Foothills Exploration and its competitors.

Is Foothills Exploration's Interest Expense too high?

Foothills Exploration's current Interest Expense is $-10.83 Mil.

How does Foothills Exploration's Interest Expense compare to CNRR and GBR?

Foothills Exploration's Interest Expense of $-10.83 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 Foothills Exploration and its competitors. Foothills Exploration's current Interest Expense is $-10.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Foothills Exploration stock overvalued right now?

Foothills Exploration (FTXP) has a current Interest Expense of $-10.83 Mil. The current Interest Expense is $-10.83 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 Foothills Exploration (FTXP), the current Interest Expense is $-10.83 Mil as of Sep. 2019. 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.

Foothills Exploration Business Description

Industry Energy Oil & Gas

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Address 2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361

Website https://foothillspetro.com

Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.