Remora Royalties (Remora Royalties) Interest Expense : $ Mil (TTM As of Jun. 2018)

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What is Remora Royalties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Remora Royalties's interest expense for the three months ended in Jun. 2018 was $ 0.00 Mil. Remora Royalties does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2018.

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. Remora Royalties's Operating Income for the three months ended in Jun. 2018 was $ 0.00 Mil. Remora Royalties's Interest Expense for the three months ended in Jun. 2018 was $ 0.00 Mil. GuruFocus does not calculate Remora Royalties's interest coverage with the available data. 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.

Remora Royalties Interest Expense Historical Data

The historical data trend for Remora Royalties'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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Remora Royalties Interest Expense Chart

Remora Royalties Annual Data

Trend

Dec16

Dec17

Interest Expense

-2.84

-5.35

Remora Royalties Quarterly Data
	Dec16	Dec17	Jun18
Interest Expense	-	-	-

Remora Royalties Interest Expense Calculation

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

Remora Royalties (NAS:RRI) 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.

Remora Royalties's Interest Expense for the three months ended in Jun. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2018 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2018 was $55.52 Mil.

Remora Royalties's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

GuruFocus does not calculate Remora Royalties's interest coverage with the available data.

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

Remora Royalties (Remora Royalties) Business Description

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GURUFOCUS.COM » STOCK LIST » Remora Royalties Inc (NAS:RRI) » Definitions » Interest Expense

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