Sound Energy (Sound Energy) Interest Expense : $-0.72 Mil (TTM As of Dec. 2023)

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What is Sound Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sound Energy's interest expense for the six months ended in Dec. 2023 was $ 0.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.72 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. Sound Energy's Operating Income for the six months ended in Dec. 2023 was $ 3.93 Mil. Sound Energy's Interest Expense for the six months ended in Dec. 2023 was $ 0.32 Mil. Sound 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.

Sound Energy Interest Expense Historical Data

The historical data trend for Sound 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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Sound Energy Interest Expense Chart

Sound Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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0.65

0.10

0.09

0.15

-0.72

Sound Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															2.37	-0.89	1.03	-1.04	0.32

Sound 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.72 Mil.

Sound Energy (OTCPK:SNEGF) 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.

Sound Energy's Interest Expense for the six months ended in Dec. 2023 was $0.32 Mil. Its Operating Income for the six months ended in Dec. 2023 was $3.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $42.13 Mil.

Sound Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Sound Energy (Sound Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sound Energy PLC (OTCPK:SNEGF) » Definitions » Interest Expense

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SOU:UK 88S1:Germany

Address

20 St Dunstan's Hill, London, GBR, EC3R 8HL

Website

https://www.soundenergyplc.com

Sound Energy PLC is a transitional energy company, with two-phase development projects in Morocco which include a micro-LNG project, a cornerstone investor, and sizeable exploration potential with ESG at its core. It owns the Tendrara Production concession (75% effective interest) with recoverable resources of 377Bcf (2C) natural gas discovery (TE-5 Horst) in the Triassic TAGI gas reservoir; the Greater Tendrara Exploration permit (75% effective interest); the Anoual exploration permit (75% effective interest) and a 75% effective interest in Sidi Mokhtar on the Atlantic seaboard of Morocco.

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