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Wolf Energy Services (Wolf Energy Services) Interest Expense : $-0.15 Mil (TTM As of Jun. 2023)


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What is Wolf Energy Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wolf Energy Services's interest expense for the three months ended in Jun. 2023 was $ -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.15 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. Wolf Energy Services's Operating Income for the three months ended in Jun. 2023 was $ -0.71 Mil. Wolf Energy Services's Interest Expense for the three months ended in Jun. 2023 was $ -0.11 Mil. Wolf Energy Services 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.


Wolf Energy Services Interest Expense Historical Data

The historical data trend for Wolf Energy Services'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.

Wolf Energy Services Interest Expense Chart

Wolf Energy Services Annual Data
Trend Mar22 Mar23
Interest Expense
-0.32 -0.05

Wolf Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Interest Expense Get a 7-Day Free Trial -0.01 -0.01 -0.01 -0.02 -0.11

Wolf Energy Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 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.


Wolf Energy Services  (OTCPK:WOEN) 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.

Wolf Energy Services's Interest Expense for the three months ended in Jun. 2023 was $-0.11 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $0.21 Mil.

Wolf Energy Services's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Wolf Energy Services 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.


Wolf Energy Services (Wolf Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
408 State Highway 135N, Kilgore, TX, USA, 75662
Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.
Executives
Jay M. Puchir officer: CEO & President of Subsidiary 3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla director, officer: CEO and CFO 408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc. 10 percent owner 303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy director 303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman director 2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella 10 percent owner 3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella director, officer: Chief Executive Officer 821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella director, 10 percent owner, officer: Chief Executive Officer 3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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