Marksmen Energy (Marksmen Energy) Interest Expense : $-0.13 Mil (TTM As of Dec. 2023)

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What is Marksmen Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marksmen Energy's interest expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.13 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. Marksmen Energy's Operating Income for the three months ended in Dec. 2023 was $ -0.25 Mil. Marksmen Energy's Interest Expense for the three months ended in Dec. 2023 was $ -0.03 Mil. Marksmen 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.

Marksmen Energy Interest Expense Historical Data

The historical data trend for Marksmen 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.

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Marksmen Energy Interest Expense Chart

Marksmen Energy Annual Data

Trend

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Dec23

Interest Expense

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-0.12

-0.13

Marksmen Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.03	-0.03	-0.03	-0.03	-0.03

Marksmen 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 Mil.

Marksmen Energy (OTCPK:MKSEF) 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.

Marksmen Energy's Interest Expense for the three months ended in Dec. 2023 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.05 Mil.

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

Marksmen Energy did not have earnings to cover the interest expense.

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

Marksmen Energy (Marksmen Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (OTCPK:MKSEF) » Definitions » Interest Expense

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MAH:Canada

Address

400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 2Z1

Website

https://marksmenenergy.com

Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. The company's revenue is derived entirely through the sale of crude oil. Geographically, the group has a business presence in the United States and Canada.