Magellan Energy (Magellan Energy) Interest Expense : $ Mil (TTM As of . 20)

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

What is Magellan Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magellan Energy's interest expense for the three months ended in . 20 was $ 0.00 Mil. Magellan Energy does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Magellan Energy's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Magellan Energy's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Magellan Energy 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.

Magellan Energy Interest Expense Historical Data

The historical data trend for Magellan 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.

Magellan Energy Interest Expense Chart

Magellan Energy Annual Data

Trend

Interest Expense

Magellan Energy Quarterly Data

Interest Expense

Magellan Energy Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Magellan Energy (OTCPK:MGLG) 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.

Magellan Energy's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Magellan Energy's Interest Coverage for the quarter that ended in . 20 is calculated as

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

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

Magellan Energy (Magellan Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magellan Energy Ltd (OTCPK:MGLG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4

Website

http://www.magellan-energy.com

Magellan Energy Ltd is an oil and gas exploration company. The Company is engaged in the extraction and production of small to medium-sized oil and gas properties.

Magellan Energy (Magellan Energy) Headlines

No Headlines