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Pine Cliff Energy (TSX:PNE) Interest Expense : C$-8.8 Mil (TTM As of Dec. 2024)


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What is Pine Cliff Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pine Cliff Energy's interest expense for the three months ended in Dec. 2024 was C$ -2.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was C$-8.8 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. Pine Cliff Energy's Operating Income for the three months ended in Dec. 2024 was C$ -5.2 Mil. Pine Cliff Energy's Interest Expense for the three months ended in Dec. 2024 was C$ -2.4 Mil. Pine Cliff 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.

Pine Cliff Energy Interest Expense Historical Data

The historical data trend for Pine Cliff 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.

* Premium members only.

Pine Cliff Energy Interest Expense Chart

Pine Cliff Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.29 -4.98 -2.50 -0.76 -8.81

Pine Cliff Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.54 -2.34 -2.08 -2.00 -2.39

Pine Cliff 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.8 Mil.

* 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.

Pine Cliff Energy  (TSX:PNE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pine Cliff Energy's Interest Expense for the three months ended in Dec. 2024 was C$-2.4 Mil. Its Operating Income for the three months ended in Dec. 2024 was C$-5.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was C$39.8 Mil.

Pine Cliff Energy's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Pine Cliff Energy did not have earnings to cover the interest expense.

* 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.

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

Pine Cliff Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pine Cliff Energy Ltd (TSX:PNE) » Definitions » Interest Expense
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Traded in Other Exchanges
PIFYF:USA
Address
1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4
Website
https://www.pinecliffenergy.com
Pine Cliff Energy Ltd. is a Canada-based natural gas and crude oil company. The Company is engaged in the acquisition, exploration, development and production of natural gas and oil in the Western Canadian Sedimentary Basin and also conducts various activities jointly with others. The Company's operating areas include Central Assets, Edson Assets and Southern Assets. Its Edson Assets include Pine Cliff with its first core area in the Western Canadian Sedimentary Basin. It operates and sells its natural gas to the common Alberta natural gas price hub.
Executives
Hilary Amber Foulkes Director
Terry Lee Mcneill Senior Officer
Philip Blake Hodge Director, Senior Officer
Robert Brent Fryk Director
Kristopher Bruce Zack Senior Officer
Austin William Nieuwdorp Senior Officer
Calvin Blain Jacober Director
Robert Disbrow 10% Security Holder
Chris Lee Senior Officer
George Frederick Fink 10% Security Holder, Director, Senior Officer
William Sanford Rice Director

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