Magnolia Petroleum (LSE:MAGP) Interest Expense: £-0.12 Mil (TTM As of Jun. 2017)


What is Magnolia Petroleum Interest Expense?

Magnolia Petroleum LSE:MAGP +50.00% Interest Expense is £-0.12 Mil as of Jun. 2017. 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. Magnolia Petroleum's interest expense for the six months ended in Jun. 2017 was £ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2017 was £-0.12 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. Magnolia Petroleum's Operating Income for the six months ended in Jun. 2017 was £ -0.48 Mil. Magnolia Petroleum's Interest Expense for the six months ended in Jun. 2017 was £ -0.05 Mil. Magnolia Petroleum 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.

Magnolia Petroleum  (LSE:MAGP) 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.

Magnolia Petroleum's Interest Expense for the six months ended in Jun. 2017 was £-0.05 Mil. Its Operating Income for the six months ended in Jun. 2017 was £-0.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2017 was £0.00 Mil.

Magnolia Petroleum's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Magnolia Petroleum 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.

Magnolia Petroleum Interest Expense Historical Data

* Premium members only.

The historical data trend for Magnolia Petroleum'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.

Magnolia Petroleum Interest Expense Chart

Magnolia Petroleum Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.00 -0.01 -0.08 -0.08 -0.12

Magnolia Petroleum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.04 -0.05 -0.07 -0.05

Magnolia Petroleum 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. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.12 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 £-0.12 Mil mean?
Magnolia Petroleum (LSE:MAGP) has a Interest Expense of £-0.12 Mil as of Jun. 2017. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magnolia Petroleum and its competitors.
Is Magnolia Petroleum's Interest Expense too high?
Magnolia Petroleum's current Interest Expense is £-0.12 Mil.
How does Magnolia Petroleum's Interest Expense compare to VNRRQ and GBEYF?
Magnolia Petroleum's Interest Expense of £-0.12 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 Magnolia Petroleum and its competitors. Magnolia Petroleum's current Interest Expense is £-0.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Petroleum stock overvalued right now?
Magnolia Petroleum (LSE:MAGP) has a current Interest Expense of £-0.12 Mil. The current Interest Expense is £-0.12 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 Magnolia Petroleum (LSE:MAGP), the current Interest Expense is £-0.12 Mil as of Jun. 2017. 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.

Magnolia Petroleum Business Description

Industry EnergyOil & Gas
Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ
Magnolia Petroleum PLC is an oil and gas production company. The company focuses on the acquisition, exploitation, and development of oil and gas properties located onshore in the United States. It has a diverse portfolio of revenue-generating assets including leases on the highly productive Bakken/Three Forks Sanish Formation in North Dakota and the proven Mississippi Lime and Woodford/Hunton oil formations in Oklahoma. It operates in two geographical areas, the United Kingdom and the United States of America.