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

What is United Energy Interest Expense?

United Energy UNRG -5.85% Interest Expense is $-0.06 Mil as of Dec. 2010.

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 (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.

* 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.

United Energy Interest Expense Historical Data

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The historical data trend for United Energy's Interest Expense can be seen below:

United Energy Interest Expense Chart

United Energy Annual Data

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Interest Expense

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United Energy Quarterly Data
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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.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.06 Mil mean?

United Energy (UNRG) has a Interest Expense of $-0.06 Mil as of Dec. 2010. Interest Expense is the amount a company pays on its long-term debt. View historical data on United Energy and its competitors.

Is United Energy's Interest Expense too high?

United Energy's current Interest Expense is $-0.06 Mil.

How does United Energy's Interest Expense compare to GLYE?

United Energy's Interest Expense of $-0.06 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 United Energy and its competitors. United Energy's current Interest Expense is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is United Energy stock overvalued right now?

United Energy (UNRG) has a current Interest Expense of $-0.06 Mil. The current Interest Expense is $-0.06 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 United Energy (UNRG), the current Interest Expense is $-0.06 Mil as of Dec. 2010. 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.

United Energy Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:514223 BOM:509449 BOM:524610 BOM:530429 BOM:539288 BOM:531157 BOM:524614 BOM:531893 BOM:505506 BOM:530191 BOM:513642 BOM:526269 BOM:506858 BOM:526901 BOM:507515 BOM:530197 BOM:523836 GLYE BOM:530133 TSXV:CNO

Address 101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074

Website https://www.unrgcorp.com

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. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.