United Energy (United Energy) Interest Expense : $-0.06 Mil (TTM As of Dec. 2010)

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What is United Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Energy's interest expense for the three months ended in Dec. 2010 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2010 was $-0.06 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. United Energy's Operating Income for the three months ended in Dec. 2010 was $ -0.23 Mil. United Energy's Interest Expense for the three months ended in Dec. 2010 was $ -0.01 Mil. United 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.

United Energy Interest Expense Historical Data

The historical data trend for United 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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United Energy Interest Expense Chart

United Energy Annual Data

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Interest Expense

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United Energy Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.01	-0.02	-0.01	-0.01

United 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. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

United Energy (OTCPK:UNRG) 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.

United Energy's Interest Expense for the three months ended in Dec. 2010 was $-0.01 Mil. Its Operating Income for the three months ended in Dec. 2010 was $-0.23 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2010 was $0.00 Mil.

United Energy's Interest Coverage for the quarter that ended in Dec. 2010 is calculated as

United Energy did not have earnings to cover the interest expense.

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

United Energy (United Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Energy Corp (OTCPK:UNRG) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074

Website

https://www.unitedenergycorp.net

United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.

Executives

Jack Silver	director, 10 percent owner	660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey	director	140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr	other: Former 10% Owner	C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

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