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Perkins Oil & Gas (Perkins Oil & Gas) Interest Expense : $-0.04 Mil (TTM As of Dec. 2018)


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What is Perkins Oil & Gas Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Perkins Oil & Gas'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 $-0.04 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. Perkins Oil & Gas's Operating Income for the three months ended in Dec. 2018 was $ -0.01 Mil. Perkins Oil & Gas's Interest Expense for the three months ended in Dec. 2018 was $ -0.01 Mil. Perkins Oil & Gas 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.


Perkins Oil & Gas Interest Expense Historical Data

The historical data trend for Perkins Oil & Gas'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.

Perkins Oil & Gas Interest Expense Chart

Perkins Oil & Gas Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Interest Expense
Get a 7-Day Free Trial - - - - -0.02

Perkins Oil & Gas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.02 -0.01 -0.01

Perkins Oil & Gas 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 $-0.04 Mil.

* 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.


Perkins Oil & Gas  (OTCPK:OOIL) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Perkins Oil & Gas'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 $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2018 was $0.00 Mil.

Perkins Oil & Gas's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Perkins Oil & Gas 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.


Perkins Oil & Gas (Perkins Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
17330 Preston Road, Suite 200D, Dallas, TX, USA, 75252
Perkins Oil & Gas Inc is active in the oil and gas sector. The company is an exploration-stage company. The company is engaged in the exploration and development of oil and gas properties. It is focused on pursuing the acquisition of additional leases and/or existing oil and gas wells. The firm has generated limited revenues from operations.

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