TXLZF (Tesla Exploration) Interest Expense: $-2.00 Mil (TTM As of Mar. 2016)

What is Tesla Exploration Interest Expense?

Tesla Exploration TXLZF -90.00% Interest Expense is $-2.00 Mil as of Mar. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tesla Exploration's interest expense for the three months ended in Mar. 2016 was $ -0.73 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2016 was $-2.00 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. Tesla Exploration's Operating Income for the three months ended in Mar. 2016 was $ -7.37 Mil. Tesla Exploration's Interest Expense for the three months ended in Mar. 2016 was $ -0.73 Mil. Tesla Exploration 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.

Tesla Exploration (OTCPK:TXLZF) 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.

Tesla Exploration's Interest Expense for the three months ended in Mar. 2016 was $-0.73 Mil. Its Operating Income for the three months ended in Mar. 2016 was $-7.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2016 was $2.23 Mil.

Tesla Exploration's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Tesla Exploration 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.

Tesla Exploration Interest Expense Historical Data

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The historical data trend for Tesla Exploration's Interest Expense can be seen below:

Tesla Exploration Interest Expense Chart

Tesla Exploration Annual Data

Trend

Apr06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Interest Expense

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-1.48

-1.30

-1.46

-1.58

-1.62

Tesla Exploration Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Interest Expense	Get a 7-Day Free Trial															-0.44	-0.46	-0.42	-0.39	-0.73

Tesla Exploration 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 Mar. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.00 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-2.00 Mil mean?

Tesla Exploration (TXLZF) has a Interest Expense of $-2.00 Mil as of Mar. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Tesla Exploration and its competitors.

Is Tesla Exploration's Interest Expense too high?

Tesla Exploration's current Interest Expense is $-2.00 Mil.

How does Tesla Exploration's Interest Expense compare to SES and DPDW?

Tesla Exploration's Interest Expense of $-2.00 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Tesla Exploration and its competitors. Tesla Exploration's current Interest Expense is $-2.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tesla Exploration stock overvalued right now?

Tesla Exploration (TXLZF) has a current Interest Expense of $-2.00 Mil. The current Interest Expense is $-2.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Tesla Exploration (TXLZF), the current Interest Expense is $-2.00 Mil as of Mar. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tesla Exploration Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:VLS OSL:HAVI WAR:PBG TSX:SHLE SGX:BLZ SGX:5PL BOM:532773 ASX:BLV SES DPDW NGM:GGEO SGX:EB7 BSP:LUPA3 BAS NSE:SOUTHWEST SAEX TSXV:WEE ENSV BKK:PAE CRR

Address 8A Street N.E, Suite 4500, Calgary, AB, CAN, T2E 4J7

Website http://www.teslaexploration.com

Tesla Exploration Ltd is a Canada based geophysical services company. It provides seismic services in North America, Europe, Africa and other international locations. It operates through North American Land Seismic Acquisition, International Land Seismic Acquisition, and Offshore Marine Survey segments. The North American Land Seismic Acquisition and International Land Seismic Acquisition segments offer three dimensional (3D) program design, project management, and experience when acquiring two dimensional (2D) and 3D vibroseis, dynamite and airgun seismic surveys on all types of land terrain, rivers, and lakes. The Offshore Marine Survey segment offers a set of survey services, with project planning and survey design, data acquisition, interpretation and final report preparation.