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Universal Energy (Universal Energy) Interest Expense : $-0.27 Mil (TTM As of Sep. 2009)


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What is Universal Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Universal Energy's interest expense for the three months ended in Sep. 2009 was $ -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2009 was $-0.27 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. Universal Energy's Operating Income for the three months ended in Sep. 2009 was $ -6.35 Mil. Universal Energy's Interest Expense for the three months ended in Sep. 2009 was $ -0.14 Mil. Universal 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.


Universal Energy Interest Expense Historical Data

The historical data trend for Universal 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.

* Premium members only.

Universal Energy Interest Expense Chart

Universal Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Interest Expense
Get a 7-Day Free Trial - - - -0.20 -0.64

Universal Energy Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 -0.17 0.08 -0.11 -0.10 -0.14

Universal 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 Sep. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.27 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.


Universal Energy  (OTCPK:UVSE) 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.

Universal Energy's Interest Expense for the three months ended in Sep. 2009 was $-0.14 Mil. Its Operating Income for the three months ended in Sep. 2009 was $-6.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2009 was $0.00 Mil.

Universal Energy's Interest Coverage for the quarter that ended in Sep. 2009 is calculated as

Universal 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.


Universal Energy (Universal Energy) Business Description

Traded in Other Exchanges
N/A
Address
1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.

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