Texhoma Energy (Texhoma Energy) Interest Expense : $0.00 Mil (TTM As of Jun. 2008)

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What is Texhoma Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Texhoma Energy's interest expense for the three months ended in Jun. 2008 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2008 was $0.00 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. Texhoma Energy's Operating Income for the three months ended in Jun. 2008 was $ -0.21 Mil. Texhoma Energy's Interest Expense for the three months ended in Jun. 2008 was $ 0.00 Mil. GuruFocus does not calculate Texhoma Energy's interest coverage with the available data. 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.

Texhoma Energy Interest Expense Historical Data

The historical data trend for Texhoma 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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Texhoma Energy Interest Expense Chart

Texhoma Energy Annual Data

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Interest Expense

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Texhoma Energy Quarterly Data
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Texhoma 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 Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Texhoma Energy (GREY:TXHE) 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.

Texhoma Energy's Interest Expense for the three months ended in Jun. 2008 was $0.00 Mil. Its Operating Income for the three months ended in Jun. 2008 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2008 was $7.93 Mil.

Texhoma Energy's Interest Coverage for the quarter that ended in Jun. 2008 is calculated as

GuruFocus does not calculate Texhoma Energy's interest coverage with the available data.

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

Texhoma Energy (Texhoma Energy) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texhoma Energy Inc (GREY:TXHE) » Definitions » Interest Expense

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Address

24624 I-45 North, Suite 200, Spring, TX, USA, 77386

Website

http://www.texhomaenergy.com

Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy (Texhoma Energy) Headlines

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