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


What is Legend Oil & Gas Interest Expense?

Legend Oil & Gas LOGL -90.00% Interest Expense is $-0.76 Mil as of Dec. 2016.

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  (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 Interest Expense Historical Data

* Premium members only.

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.

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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.76 Mil mean?
Legend Oil & Gas (LOGL) has a Interest Expense of $-0.76 Mil as of Dec. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Interest Expense too high?
Legend Oil & Gas' current Interest Expense is $-0.76 Mil.
How does Legend Oil & Gas' Interest Expense compare to ARSLF and PTRDF?
Legend Oil & Gas' Interest Expense of $-0.76 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 Legend Oil & Gas and its competitors. Legend Oil & Gas's current Interest Expense is $-0.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Interest Expense of $-0.76 Mil. The current Interest Expense is $-0.76 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 Legend Oil & Gas (LOGL), the current Interest Expense is $-0.76 Mil as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
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. Its focus 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 is oil and gas.