Mondial Ventures (Mondial Ventures) Interest Expense : $-0.99 Mil (TTM As of Sep. 2014)

View and export this data going back to 2006. Start your Free Trial

What is Mondial Ventures Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mondial Ventures's interest expense for the three months ended in Sep. 2014 was $ -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was $-0.99 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. Mondial Ventures's Operating Income for the three months ended in Sep. 2014 was $ -0.11 Mil. Mondial Ventures's Interest Expense for the three months ended in Sep. 2014 was $ -0.30 Mil. Mondial Ventures 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.

Mondial Ventures Interest Expense Historical Data

The historical data trend for Mondial Ventures'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.

Mondial Ventures Interest Expense Chart

Mondial Ventures Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Interest Expense

Get a 7-Day Free Trial

-0.05

-0.10

-0.72

Mondial Ventures Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Interest Expense	Get a 7-Day Free Trial															-0.30	-0.19	-0.25	-0.25	-0.30

Mondial Ventures 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.99 Mil.

Mondial Ventures (OTCPK:MNVN) 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.

Mondial Ventures's Interest Expense for the three months ended in Sep. 2014 was $-0.30 Mil. Its Operating Income for the three months ended in Sep. 2014 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was $0.00 Mil.

Mondial Ventures's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Mondial Ventures did not have earnings to cover the interest expense.

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

Mondial Ventures (Mondial Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mondial Ventures Inc (OTCPK:MNVN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253

Website

http://www.mondialventures.com

Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines

From GuruFocus

Mondial Ventures, Inc. Completes Its Preparation For Their Pink Sheet Current Listing With OTC Markets

By PRNewswire PRNewswire • 06-30-2021

Mondial Ventures, Inc. Announces Update On Its Corporate Status and Intent to Become Current in Its OTC Listing

By PRNewswire PRNewswire • 05-20-2021