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Marksmen Energy (TSXV:MAH) Interest Expense : C$-0.17 Mil (TTM As of Sep. 2024)


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What is Marksmen Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marksmen Energy's interest expense for the three months ended in Sep. 2024 was C$ -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was C$-0.17 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. Marksmen Energy's Operating Income for the three months ended in Sep. 2024 was C$ -0.11 Mil. Marksmen Energy's Interest Expense for the three months ended in Sep. 2024 was C$ -0.04 Mil. Marksmen 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.


Marksmen Energy Interest Expense Historical Data

The historical data trend for Marksmen 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.

Marksmen Energy Interest Expense Chart

Marksmen Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.17 -0.17 -0.17 -0.18

Marksmen Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.04 -0.04 -0.04 -0.04 -0.04

Marksmen 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.17 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.


Marksmen Energy  (TSXV:MAH) 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.

Marksmen Energy's Interest Expense for the three months ended in Sep. 2024 was C$-0.04 Mil. Its Operating Income for the three months ended in Sep. 2024 was C$-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was C$1.30 Mil.

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

Marksmen 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.


Marksmen Energy Business Description

Traded in Other Exchanges
Address
400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 4H2
Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. Its projects include the Davis Holbrook property, Walker Sheets and Gibson remnant property, and others. The company's revenue is derived entirely from the sale of oil and natural gas. Geographically, it has a business presence in the United States which is its key revenue-generating market, and Canada.
Executives
Archibald Jonathon Nesbitt Director
John Anthony Niedermaier Director
John Angus Mcintyre Senior Officer
Peter Geib 10% Security Holder

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