MNP Petroleum (MNP Petroleum) Interest Expense : $0.00 Mil (TTM As of Sep. 2015)

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What is MNP Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MNP Petroleum's interest expense for the three months ended in Sep. 2015 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was $0.00 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. MNP Petroleum's Operating Income for the three months ended in Sep. 2015 was $ -0.77 Mil. MNP Petroleum's Interest Expense for the three months ended in Sep. 2015 was $ 0.00 Mil. MNP Petroleum 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.

MNP Petroleum Interest Expense Historical Data

The historical data trend for MNP 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.

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MNP Petroleum Interest Expense Chart

MNP Petroleum Annual Data

Trend

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Interest Expense

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-0.34

-0.04

-0.03

MNP Petroleum Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

MNP 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 Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

MNP Petroleum (OTCPK:MNAP) 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.

MNP Petroleum's Interest Expense for the three months ended in Sep. 2015 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2015 was $-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was $0.00 Mil.

MNP Petroleum's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

MNP Petroleum had no long-term debt ⁽¹⁾.

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

MNP Petroleum (MNP Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MNP Petroleum Corp (OTCPK:MNAP) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bahnhofstrasse 9, P.O. Box 1259, Baar, Zug, CHE, 6341

Website

http://www.mnppetroleum.com

MNP Petroleum Corp is engaged in the business of exploration and development of oil and gas resources, primarily in Central and East Asia. The company conducts its operations directly through participation in ventures with other oil and gas companies. Besides, it is also involved in exploration projects in Tajikistan. The company holds approximately 90% equity interest in CJSC Somon Oil which owns a working interest in two petroleum exploration licenses in the Fergana Basin.

Executives

Libra Advisors Llc	10 percent owner	767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Ranjan Tandon	10 percent owner	909 THIRD AVENUE, 29TH FLOOR, NEW YORK NY 10022
Libra Fund, L.p.	10 percent owner	767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Libra Associates Llc	10 percent owner	777 THIRD AVENUE, 27TH FLOOR, NEW YORK NY 10017
Steven Andrew Sanders	director, officer: Secretary	431 EAST 20TH STREET, NEW YORK NY 10010

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