Petrotarg AB (OSTO:PETR PREF.PFD) Interest Expense : kr-1.00 Mil (TTM As of Sep. 2016)

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What is Petrotarg AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petrotarg AB's interest expense for the three months ended in Sep. 2016 was kr -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was kr-1.00 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. Petrotarg AB's Operating Income for the three months ended in Sep. 2016 was kr -3.51 Mil. Petrotarg AB's Interest Expense for the three months ended in Sep. 2016 was kr -0.36 Mil. Petrotarg AB 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.

Petrotarg AB Interest Expense Historical Data

The historical data trend for Petrotarg AB'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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Petrotarg AB Interest Expense Chart

Petrotarg AB Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

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-4.06

-19.70

-1.39

-0.84

-1.32

Petrotarg AB Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Interest Expense	Get a 7-Day Free Trial															-0.37	-0.32	-	-0.33	-0.36

Petrotarg AB 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.00 Mil.

Petrotarg AB (OSTO:PETR PREF.PFD) 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.

Petrotarg AB's Interest Expense for the three months ended in Sep. 2016 was kr-0.36 Mil. Its Operating Income for the three months ended in Sep. 2016 was kr-3.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2016 was kr0.00 Mil.

Petrotarg AB's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Petrotarg AB did not have earnings to cover the interest expense.

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

Petrotarg AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrotarg AB (OSTO:PETR PREF.PFD) » Definitions » Interest Expense

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Address

Box 225, Borlänge, SWE, 781 23

Website

http://www.petrotarg.se

Petrotarg AB is engaged in exploration and exploitation of oil and natural gas deposits. The company's projects are in Arkansas, Louisiana and Texas of the United States.

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