Attis Oil & Gas (LSE:AOGL) Interest Expense: £-0.03 Mil (TTM As of Jun. 2020)


What is Attis Oil & Gas Interest Expense?

Attis Oil & Gas LSE:AOGL Interest Expense is £-0.03 Mil as of Jun. 2020. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Attis Oil & Gas's interest expense for the six months ended in Jun. 2020 was £ -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was £-0.03 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. Attis Oil & Gas's Operating Income for the six months ended in Jun. 2020 was £ -0.06 Mil. Attis Oil & Gas's Interest Expense for the six months ended in Jun. 2020 was £ -0.02 Mil. Attis 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.

Attis Oil & Gas  (LSE:AOGL) 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.

Attis Oil & Gas's Interest Expense for the six months ended in Jun. 2020 was £-0.02 Mil. Its Operating Income for the six months ended in Jun. 2020 was £-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was £0.00 Mil.

Attis Oil & Gas's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Attis 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.

Attis Oil & Gas Interest Expense Historical Data

* Premium members only.

The historical data trend for Attis 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.

Attis Oil & Gas Interest Expense Chart

Attis Oil & Gas Annual Data
Trend Apr11 Apr12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.23 -0.11 -0.09 -0.00 -0.01

Attis Oil & Gas Semi-Annual Data
Apr11 Apr12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 -0.01 0.00 -0.00 -0.01 -0.02

Attis 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 Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.03 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 £-0.03 Mil mean?
Attis Oil & Gas (LSE:AOGL) has a Interest Expense of £-0.03 Mil as of Jun. 2020. Interest Expense is the amount a company pays on its long-term debt. View historical data on Attis Oil & Gas and its competitors.
Is Attis Oil & Gas' Interest Expense too high?
Attis Oil & Gas' current Interest Expense is £-0.03 Mil.
How does Attis Oil & Gas' Interest Expense compare to VKIN?
Attis Oil & Gas' Interest Expense of £-0.03 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 Attis Oil & Gas and its competitors. Attis Oil & Gas's current Interest Expense is £-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attis Oil & Gas stock overvalued right now?
Attis Oil & Gas (LSE:AOGL) has a current Interest Expense of £-0.03 Mil. The current Interest Expense is £-0.03 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 Attis Oil & Gas (LSE:AOGL), the current Interest Expense is £-0.03 Mil as of Jun. 2020. 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.

Attis Oil & Gas Business Description

Industry EnergyOil & Gas
Address Wickhams Cay II, 6th Floor, Ritter House, Tortola, Road Town, VGB, VG 1110
Attis Oil & Gas Ltd is an energy company involved in pursuing a recovery oil strategy focused on re-stimulating wells within mature producing basins.