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Primeline Energy Holdings (TSXV:PEH.H) Interest Expense : C$-14.54 Mil (TTM As of Dec. 2019)


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What is Primeline Energy Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Primeline Energy Holdings's interest expense for the three months ended in Dec. 2019 was C$ -3.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was C$-14.54 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. Primeline Energy Holdings's Operating Income for the three months ended in Dec. 2019 was C$ -6.57 Mil. Primeline Energy Holdings's Interest Expense for the three months ended in Dec. 2019 was C$ -3.51 Mil. Primeline Energy Holdings 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.


Primeline Energy Holdings Interest Expense Historical Data

The historical data trend for Primeline Energy Holdings'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.

Primeline Energy Holdings Interest Expense Chart

Primeline Energy Holdings Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 -18.45 -17.53 -17.01 -15.86

Primeline Energy Holdings Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -4.39 -3.77 -3.81 -3.45 -3.51

Primeline Energy Holdings 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-14.54 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.


Primeline Energy Holdings  (TSXV:PEH.H) 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.

Primeline Energy Holdings's Interest Expense for the three months ended in Dec. 2019 was C$-3.51 Mil. Its Operating Income for the three months ended in Dec. 2019 was C$-6.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was C$0.00 Mil.

Primeline Energy Holdings's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Primeline Energy Holdings 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.


Primeline Energy Holdings (TSXV:PEH.H) Business Description

Traded in Other Exchanges
N/A
Address
88 Tai Tam Reservoir Road, Hong Kong Parkview, Hong Kong, HKG
Primeline Energy Holdings Inc is engaged in the exploration, development, and production of offshore oil and gas properties in the People's Republic of China. It owns a right in the East China Sea in relation to Petroleum Contract 25/34 and Petroleum Contract 33/07. The company derives revenue from Natural gas, CO2, Condensate, Light Oil and LPG.

Primeline Energy Holdings (TSXV:PEH.H) Headlines

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