GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legend Oil & Gas Ltd (OTCPK:LOGL) » Definitions » Interest Expense

Legend Oil & Gas (Legend Oil & Gas) Interest Expense : $-0.76 Mil (TTM As of Dec. 2016)


View and export this data going back to 2005. Start your Free Trial

What is Legend Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legend Oil & Gas's interest expense for the three months ended in Dec. 2016 was $ -0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-0.76 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. Legend Oil & Gas's Operating Income for the three months ended in Dec. 2016 was $ -1.33 Mil. Legend Oil & Gas's Interest Expense for the three months ended in Dec. 2016 was $ -0.26 Mil. Legend Oil & 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.

Legend Oil & Gas Interest Expense Historical Data

The historical data trend for Legend 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.

* Premium members only.

Legend Oil & Gas Interest Expense Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.70 -4.72 -3.62 -0.74

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Premium Member Only Premium Member Only -2.49 -0.08 -0.17 -0.26 -0.26

Legend 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.76 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.

Legend Oil & Gas  (OTCPK:LOGL) 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.

Legend Oil & Gas's Interest Expense for the three months ended in Dec. 2016 was $-0.26 Mil. Its Operating Income for the three months ended in Dec. 2016 was $-1.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $8.38 Mil.

Legend Oil & Gas's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Legend Oil & 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.

Legend Oil & Gas (Legend Oil & Gas) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Legend Oil & Gas Ltd (OTCPK:LOGL) » Definitions » Interest Expense
Comparable Companies
ARSLF PTRDF DBRM ALTX EXNT UERLF DRKOF HEXPF EMPR GPIPF CNENF GDPMQ IFNY BYIN EMBYF QPTRF ANFC GVLMF AKVA UNIGF
Traded in Other Exchanges
N/A
Address
555 North Point Center East, Suite 410, Alpharetta, GA, USA, 30022
Website
http://www.maxxonenergy.com
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. It focuses is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment, as the oil and gas.
Executives
Neal P Kaufman director 14315 WEST HARDY ROAD, HOUSTON TX 77060
Hillair Capital Investments Lp 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Sean M Mcavoy 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
Hillair Capital Management Llc 10 percent owner 345 LORTON AVENUE, SUITE 303, BURLINGAME CA 94010
James Vandeberg 10 percent owner 10710 NE 10TH STREET #1307, BELLEVUE WA 98004
Steve S Sinohui director, 10 percent owner 2789 S. LAMAR STREET DENVER CO 80227

Legend Oil & Gas (Legend Oil & Gas) Headlines

No Headlines