Valiant Petroleum (LSE:VPP) Interest Expense : £-2.9 Mil (TTM As of Jun. 2012)

View and export this data going back to . Start your Free Trial

What is Valiant Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valiant Petroleum's interest expense for the six months ended in Jun. 2012 was £ -2.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2012 was £-2.9 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. Valiant Petroleum's Operating Income for the six months ended in Jun. 2012 was £ -25.0 Mil. Valiant Petroleum's Interest Expense for the six months ended in Jun. 2012 was £ -2.9 Mil. Valiant 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.

Valiant Petroleum Interest Expense Historical Data

The historical data trend for Valiant 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.

* Premium members only.

Valiant Petroleum Interest Expense Chart

Valiant Petroleum Annual Data

Trend

Sep06

Sep07

Dec08

Dec09

Dec10

Dec11

Interest Expense

Get a 7-Day Free Trial

-0.02

-4.24

-3.62

-3.36

Valiant Petroleum Semi-Annual Data
	Mar08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12
Interest Expense	Get a 7-Day Free Trial			-2.02	-	-2.42	-	-2.94

Valiant 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. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.9 Mil.

Valiant Petroleum (LSE:VPP) 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.

Valiant Petroleum's Interest Expense for the six months ended in Jun. 2012 was £-2.9 Mil. Its Operating Income for the six months ended in Jun. 2012 was £-25.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2012 was £67.5 Mil.

Valiant Petroleum's Interest Coverage for the quarter that ended in Jun. 2012 is calculated as

Valiant Petroleum did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Valiant Petroleum (LSE:VPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valiant Petroleum PLC (LSE:VPP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Valiant Petroleum (LSE:VPP) Headlines

No Headlines