PGNE (Primegen Energy) Interest Expense: $-0.13 Mil (TTM As of Mar. 2007)

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What is Primegen Energy Interest Expense?

Primegen Energy PGNE -99.00% Interest Expense is $-0.13 Mil as of Mar. 2007.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primegen Energy's interest expense for the three months ended in Mar. 2007 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2007 was $-0.13 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. Primegen Energy's Operating Income for the three months ended in Mar. 2007 was $ -0.20 Mil. Primegen Energy's Interest Expense for the three months ended in Mar. 2007 was $ 0.00 Mil. Primegen Energy 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.


Primegen Energy  (OTCPK:PGNE) 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.

Primegen Energy's Interest Expense for the three months ended in Mar. 2007 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2007 was $-0.20 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2007 was $0.00 Mil.

Primegen Energy's Interest Coverage for the quarter that ended in Mar. 2007 is calculated as

Primegen Energy had no long-term debt (1).

* 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.


Primegen Energy Interest Expense Historical Data

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The historical data trend for Primegen Energy'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.

Primegen Energy Interest Expense Chart

Primegen Energy Annual Data
Trend Jun05 Jun06
Interest Expense
0.00 -0.00

Primegen Energy Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
Interest Expense Get a 7-Day Free Trial -0.00 -0.00 -0.03 -0.05 -0.05

Primegen Energy 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 Mar. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.13 Mil mean?
Primegen Energy (PGNE) has a Interest Expense of $-0.13 Mil as of Mar. 2007. Interest Expense is the amount a company pays on its long-term debt. View historical data on Primegen Energy and its competitors.
Is Primegen Energy's Interest Expense too high?
Primegen Energy's current Interest Expense is $-0.13 Mil.
How does Primegen Energy's Interest Expense compare to JKXOY and BRZV?
Primegen Energy's Interest Expense of $-0.13 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 Primegen Energy and its competitors. Primegen Energy's current Interest Expense is $-0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primegen Energy stock overvalued right now?
Primegen Energy (PGNE) has a current Interest Expense of $-0.13 Mil. The current Interest Expense is $-0.13 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 Primegen Energy (PGNE), the current Interest Expense is $-0.13 Mil as of Mar. 2007. 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.

Primegen Energy Business Description

Industry EnergyOil & Gas
Address 726 Route 202 South, Suite 320-156, Bridgewater, NJ, USA, 08807
Primegen Energy Corp is a US-based oil and gas company focused on the exploration and development of unconventional hydrocarbon resources. The company pursues early-stage and emerging resource plays, targeting oil and natural gas accumulations that require advanced extraction techniques such as horizontal drilling and hydraulic fracturing. Its activities span the acquisition of leases, geological and geophysical evaluation, and the drilling and completion of exploratory and development wells. Primegen operates primarily in North American basins, where it seeks to build positions in underdeveloped or overlooked formations. Revenue, when generated, comes from the sale of crude oil and natural gas production, with potential additional income from farm-out arrangements and joint ventures. As a small exploration-stage enterprise, its results depend heavily on drilling success, commodity prices, and access to capital.