Southern Energy (Southern Energy) Interest Expense : $-3.14 Mil (TTM As of Mar. 2024)

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What is Southern Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Energy's interest expense for the three months ended in Mar. 2024 was $ -0.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.14 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. Southern Energy's Operating Income for the three months ended in Mar. 2024 was $ -1.29 Mil. Southern Energy's Interest Expense for the three months ended in Mar. 2024 was $ -0.80 Mil. Southern 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.

Southern Energy Interest Expense Historical Data

The historical data trend for Southern 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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Southern Energy Interest Expense Chart

Southern Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.28

-1.70

-1.88

-1.65

-2.75

Southern Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.41	-0.61	-0.82	-0.91	-0.80

Southern 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.14 Mil.

Southern Energy (OTCPK:SOUTF) 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.

Southern Energy's Interest Expense for the three months ended in Mar. 2024 was $-0.80 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $15.91 Mil.

Southern Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Southern Energy did not have earnings to cover the interest expense.

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

Southern Energy (Southern Energy) Business Description

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SOUC:UK 0M1:Germany SOU:Canada

Address

333 - 7th Avenue SW, Suite 2400, Calgary, AB, CAN, T2P 2Z1

Website

https://www.southernenergycorp.com

Southern Energy Corp is an oil and gas exploration and production company. Its primary focus is on acquiring and developing conventional natural gas and light oil resources in the Southeast Gulf States of Mississippi, Louisiana, and East Texas. Its primary source of income is the petroleum and natural gas revenue.