Justiss Oil (Justiss Oil) Interest Expense : $ Mil (TTM As of . 20)

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What is Justiss Oil Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Justiss Oil's interest expense for the three months ended in . 20 was $ 0.00 Mil. Justiss Oil does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Justiss Oil's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Justiss Oil's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Justiss Oil 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.

Justiss Oil Interest Expense Historical Data

The historical data trend for Justiss Oil'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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Justiss Oil Interest Expense Chart

Justiss Oil Annual Data

Trend

Interest Expense

Justiss Oil Quarterly Data

Interest Expense

Justiss Oil Interest Expense Calculation

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

Justiss Oil (OTCPK:JSTS) 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.

Justiss Oil's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Justiss Oil's Interest Coverage for the quarter that ended in . 20 is calculated as

Justiss Oil had no long-term debt ⁽¹⁾.

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

Justiss Oil (Justiss Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Justiss Oil Inc (OTCPK:JSTS) » Definitions » Interest Expense

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Address

1120 East Oak Street, P.O. Box 2990, Jena, LA, USA, 71342

Website

http://www.justissoil.com

Justiss Oil Inc provides contract drilling, production, consulting, exploration, well and lease service and general oilfield services across the southern gulf coast from Texas to Alabama.

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