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


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What is Edge Resources Interest Expense?

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 Interest Expense Historical Data

The historical data trend for Edge Resources'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.

Edge Resources Interest Expense Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 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 -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.

* 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.


Edge Resources  (LSE:EDG) 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.

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 (LSE:EDG) Business Description

Traded in Other Exchanges
N/A
Address
Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
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.

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