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Resolute Energy (Resolute Energy) Interest Expense : $-31.84 Mil (TTM As of Sep. 2018)


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What is Resolute Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Resolute Energy's interest expense for the three months ended in Sep. 2018 was $ -9.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 was $-31.84 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. Resolute Energy's Operating Income for the three months ended in Sep. 2018 was $ 25.84 Mil. Resolute Energy's Interest Expense for the three months ended in Sep. 2018 was $ -9.00 Mil. Resolute Energy's Interest Coverage for the quarter that ended in Sep. 2018 was 2.87. 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.


Resolute Energy Interest Expense Historical Data

The historical data trend for Resolute 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.

* Premium members only.

Resolute Energy Interest Expense Chart

Resolute Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.81 -29.26 -52.65 -45.41 -33.14

Resolute Energy Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 -8.02 -7.91 -7.03 -7.90 -9.00

Resolute 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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.84 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.


Resolute Energy  (OTCPK:RNSGP.PFD) 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.

Resolute Energy's Interest Expense for the three months ended in Sep. 2018 was $-9.00 Mil. Its Operating Income for the three months ended in Sep. 2018 was $25.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $706.15 Mil.

Resolute Energy's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2018 )/Interest Expense (Q: Sep. 2018 )
=-1*25.835/-8.998
=2.87

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Resolute Energy Corp interest coverage is 1.7, which is low.


Resolute Energy (Resolute Energy) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203
Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.

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