Edge Resources (LSE:EDG) Interest Expense: £-0.59 Mil (TTM As of Dec. 2015)

What is Edge Resources Interest Expense?

Edge Resources LSE:EDG Interest Expense is £-0.59 Mil as of Dec. 2015. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Edge Resources's interest expense for the three months ended in Dec. 2015 was £ -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was £-0.59 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. Edge Resources's Operating Income for the three months ended in Dec. 2015 was £ -9.88 Mil. Edge Resources's Interest Expense for the three months ended in Dec. 2015 was £ -0.13 Mil. Edge Resources 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.

Edge Resources (LSE:EDG) 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.

Edge Resources's Interest Expense for the three months ended in Dec. 2015 was £-0.13 Mil. Its Operating Income for the three months ended in Dec. 2015 was £-9.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was £5.48 Mil.

Edge Resources's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Edge Resources 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.

Edge Resources Interest Expense Historical Data

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The historical data trend for Edge Resources's Interest Expense can be seen below:

Edge Resources Interest Expense Chart

Edge Resources Annual Data

Trend

Mar01

Mar02

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Interest Expense

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-0.07

-0.32

-0.70

-0.60

-0.57

Edge Resources Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Interest Expense	Get a 7-Day Free Trial															-0.15	-0.14	-0.16	-0.15	-0.13

Edge Resources 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was £-0.59 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of £-0.59 Mil mean?

Edge Resources (LSE:EDG) has a Interest Expense of £-0.59 Mil as of Dec. 2015. Interest Expense is the amount a company pays on its long-term debt. View historical data on Edge Resources and its competitors.

Is Edge Resources' Interest Expense too high?

Edge Resources' current Interest Expense is £-0.59 Mil.

How does Edge Resources' Interest Expense compare to GDPMQ and OOIL?

Edge Resources' Interest Expense of £-0.59 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 Edge Resources and its competitors. Edge Resources's current Interest Expense is £-0.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Edge Resources stock overvalued right now?

Edge Resources (LSE:EDG) has a current Interest Expense of £-0.59 Mil. The current Interest Expense is £-0.59 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 Edge Resources (LSE:EDG), the current Interest Expense is £-0.59 Mil as of Dec. 2015. 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.

Edge Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:NE.H TSXV:PNN GDPMQ TSXV:XL TSXV:CHY.H TSXV:EGL TSXV:PMX OOIL ASX:TNP XCNQ:ISM TSXV:WEB.H ALOD ATRVF TSXV:LNE.H TSXV:AHU XCNQ:TENO XCNQ:OIL TSXV:KYS.H TSXV:BSP.H PQUEQ

Address Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3

Website http://www.edgeres.com

Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.