NKRSF (Niko Resources) Interest Expense: $0.44 Mil (TTM As of Dec. 2018)

What is Niko Resources Interest Expense?

Niko Resources NKRSF -90.00% Interest Expense is $0.44 Mil as of Dec. 2018.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Niko Resources's interest expense for the three months ended in Dec. 2018 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2018 was $0.44 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. Niko Resources's Operating Income for the three months ended in Dec. 2018 was $ -0.94 Mil. Niko Resources's Interest Expense for the three months ended in Dec. 2018 was $ -0.01 Mil. Niko Resources 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.

Niko Resources (OTCPK:NKRSF) 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.

Niko Resources's Interest Expense for the three months ended in Dec. 2018 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2018 was $-0.94 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was $0.00 Mil.

Niko Resources's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Niko Resources did not have earnings to cover the interest expense.

* 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.

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

Niko Resources Interest Expense Historical Data

* Premium members only.

The historical data trend for Niko Resources's Interest Expense can be seen below:

Niko Resources Interest Expense Chart

Niko Resources Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Interest Expense

Get a 7-Day Free Trial

-35.69

-70.62

-64.76

-22.32

-1.49

Niko Resources Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Interest Expense	Get a 7-Day Free Trial															-1.26	2.61	-1.05	-1.11	-0.01

Niko Resources 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.44 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $0.44 Mil mean?

Niko Resources (NKRSF) has a Interest Expense of $0.44 Mil as of Dec. 2018. Interest Expense is the amount a company pays on its long-term debt. View historical data on Niko Resources and its competitors.

Is Niko Resources' Interest Expense too high?

Niko Resources' current Interest Expense is $0.44 Mil.

How does Niko Resources' Interest Expense compare to SNECQ and PTCO?

Niko Resources' Interest Expense of $0.44 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Niko Resources and its competitors. Niko Resources's current Interest Expense is $0.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Niko Resources stock overvalued right now?

Niko Resources (NKRSF) has a current Interest Expense of $0.44 Mil. The current Interest Expense is $0.44 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Niko Resources (NKRSF), the current Interest Expense is $0.44 Mil as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Niko Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:WCE SNECQ TSXV:HEI PTCO TSXV:AVN ALTX TSXV:CBV TSXV:KFG ASX:JPR LSE:SRO TSXV:MCM.A ASX:DOR ASX:PGY TSXV:BSH TSXV:SPK EXNT TSXV:SCD TSXV:GNF LSE:CZN TSXV:OEC

Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6

Website https://www.nikoresources.com

Niko Resources Ltd is an oil and natural gas exploration and production company.