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Empyrean Energy (LSE:EME) Interest Expense : £-0.35 Mil (TTM As of Sep. 2023)


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What is Empyrean Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Empyrean Energy's interest expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.35 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. Empyrean Energy's Operating Income for the six months ended in Sep. 2023 was £ -0.41 Mil. Empyrean Energy's Interest Expense for the six months ended in Sep. 2023 was £ 0.00 Mil. Empyrean Energy has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Empyrean Energy Interest Expense Historical Data

The historical data trend for Empyrean Energy'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.

Empyrean Energy Interest Expense Chart

Empyrean Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.01 -0.19 -1.90

Empyrean Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.02 -0.18 -1.67 -0.35 -

Empyrean Energy 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.35 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.


Empyrean Energy  (LSE:EME) 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.

Empyrean Energy's Interest Expense for the six months ended in Sep. 2023 was £0.00 Mil. Its Operating Income for the six months ended in Sep. 2023 was £-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £0.00 Mil.

Empyrean Energy's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Empyrean Energy had no long-term debt (1).

* 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.


Empyrean Energy (LSE:EME) Business Description

Traded in Other Exchanges
N/A
Address
22 Railway Road, Unit 32/33, Level 3, Subiaco, WA, AUS, 6008
Empyrean Energy PLC is an oil and gas explorer and producer. The company is engaged in the exploration, evaluation, and development and production of oil and gas properties. Its projects include China Block 29/11 Project, Duyung PSC Project, Sacramento Basin Projects, and Other Projects. Geographically, it generates majority of its revenue from the United States.

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