Birchcliff Energy (TSX:BIR.PR.A.PFD) Interest Expense : C$-20.31 Mil (TTM As of Dec. 2023)

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What is Birchcliff Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Birchcliff Energy's interest expense for the three months ended in Dec. 2023 was C$ -2.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-20.31 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. Birchcliff Energy's Operating Income for the three months ended in Dec. 2023 was C$ 15.31 Mil. Birchcliff Energy's Interest Expense for the three months ended in Dec. 2023 was C$ -2.14 Mil. Birchcliff Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 7.17. 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.

Birchcliff Energy Interest Expense Historical Data

The historical data trend for Birchcliff 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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Birchcliff Energy Interest Expense Chart

Birchcliff Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-25.07

-26.07

-28.80

-13.74

-20.31

Birchcliff Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															0.20	-4.76	-6.02	-7.40	-2.14

Birchcliff 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 quarterly data reported by the company within the most recent 12 months, which was C$-20.31 Mil.

Birchcliff Energy (TSX:BIR.PR.A.PFD) 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.

Birchcliff Energy's Interest Expense for the three months ended in Dec. 2023 was C$-2.14 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$15.31 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$382.21 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	15.309	/	-2.136
	=	7.17

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

Birchcliff Energy (TSX:BIR.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Birchcliff Energy Ltd (TSX:BIR.PR.A.PFD) » Definitions » Interest Expense

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BIREF:USA 39B:Germany BIR:Canada

Address

600 - 3rd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 0G5

Website

https://www.birchcliffenergy.com

Birchcliff Energy Ltd is an intermediate oil and gas company that explores for, develops, and produces natural gas, light oil, and natural gas liquids. The company conducts its drilling program in resource plays located in the Peace River Arch region of Alberta. Birchcliff focuses on operating nearly all its high working production, which is surrounded by blocks of high working interest lands where it owns and/or controls the infrastructure. To get the full value out of its natural gas wells, several gas plants are completely owned and operated for gas processing purposes. Natural gas production accounts for the majority of Birchcliff's revenue.

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