Petrosun (Petrosun) Interest Expense : $ Mil (TTM As of . 20)

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What is Petrosun Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petrosun's interest expense for the three months ended in . 20 was $ 0.00 Mil. Petrosun does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Petrosun's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Petrosun's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Petrosun 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.

Petrosun Interest Expense Historical Data

The historical data trend for Petrosun'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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Petrosun Interest Expense Chart

Petrosun Annual Data

Trend

Interest Expense

Petrosun Quarterly Data

Interest Expense

Petrosun Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Petrosun (OTCPK:PSUD) 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.

Petrosun's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Petrosun's Interest Coverage for the quarter that ended in . 20 is calculated as

Petrosun had no long-term debt ⁽¹⁾.

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

Petrosun (Petrosun) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrosun Inc (OTCPK:PSUD) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

2999 North 44th Street, Suite 620, Phoenix, AZ, USA, 85018

Website

https://www.petrosun.us

Petrosun Inc is an energy company focused on oil, natural gas, helium, and lithium exploration, production, processing, and distribution in the Southwest region of the United States. The company focuses on non-shale, unconventional resources utilizing forward-looking energy technologies. It is a diversified energy firm that focuses on on-shale, unconventional resources through technologies. It specializes in the research and development of enhanced oil recovery technologies, solar thermal applications, and helium processing technologies.