SHPNF (Shoal Point Energy) Interest Expense : $0.00 Mil (TTM As of Oct. 2024)

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What is Shoal Point Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shoal Point Energy's interest expense for the three months ended in Oct. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2024 was $0.00 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. Shoal Point Energy's Operating Income for the three months ended in Oct. 2024 was $ -0.07 Mil. Shoal Point Energy's Interest Expense for the three months ended in Oct. 2024 was $ 0.00 Mil. GuruFocus does not calculate Shoal Point Energy'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.

Shoal Point Energy Interest Expense Historical Data

The historical data trend for Shoal Point 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.

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Shoal Point Energy Interest Expense Chart

Shoal Point Energy Annual Data

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Interest Expense

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Shoal Point Energy Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Shoal Point 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Shoal Point Energy (OTCPK:SHPNF) 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.

Shoal Point Energy's Interest Expense for the three months ended in Oct. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Oct. 2024 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2024 was $0.03 Mil.

Shoal Point Energy's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

GuruFocus does not calculate Shoal Point Energy's interest coverage with the available data.

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

Shoal Point Energy Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shoal Point Energy Ltd (OTCPK:SHPNF) » Definitions » Interest Expense

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SHP:Canada

Address

700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8

Website

https://www.shoalpointenergy.com

Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties.

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