IXOG (Index Oil & Gas) Interest Expense: $0.00 Mil (TTM As of Mar. 2009)


What is Index Oil & Gas Interest Expense?

Index Oil & Gas IXOG -99.86% Interest Expense is $0.00 Mil as of Mar. 2009.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Index Oil & Gas's interest expense for the three months ended in Mar. 2009 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2009 was $0.00 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. Index Oil & Gas's Operating Income for the three months ended in Mar. 2009 was $ 5.75 Mil. Index Oil & Gas's Interest Expense for the three months ended in Mar. 2009 was $ 0.00 Mil. Index Oil & Gas has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Index Oil & Gas  (OTCPK:IXOG) 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.

Index Oil & Gas's Interest Expense for the three months ended in Mar. 2009 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2009 was $5.75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2009 was $0.00 Mil.

Index Oil & Gas's Interest Coverage for the quarter that ended in Mar. 2009 is calculated as

Index Oil & Gas had no long-term debt (1).

* 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.

Index Oil & Gas Interest Expense Historical Data

* Premium members only.

The historical data trend for Index Oil & 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.

Index Oil & Gas Interest Expense Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Interest Expense
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Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.00 0.00 0.00 0.00 0.00

Index Oil & 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 Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Index Oil & Gas (IXOG) has a Interest Expense of $0.00 Mil as of Mar. 2009. Interest Expense is the amount a company pays on its long-term debt. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Interest Expense too high?
Index Oil & Gas' current Interest Expense is $0.00 Mil.
How does Index Oil & Gas' Interest Expense compare to FPPP and UNGS?
Index Oil & Gas' Interest Expense of $0.00 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 Index Oil & Gas and its competitors. Index Oil & Gas's current Interest Expense is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Interest Expense of $0.00 Mil. The current Interest Expense is $0.00 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 Index Oil & Gas (IXOG), the current Interest Expense is $0.00 Mil as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.