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Linc Energy (ASX:LNC) Interest Expense : A$-91.76 Mil (TTM As of Dec. 2015)


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What is Linc Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Linc Energy's interest expense for the three months ended in Dec. 2015 was A$ -25.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2015 was A$-91.76 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. Linc Energy's Operating Income for the three months ended in Dec. 2015 was A$ -45.38 Mil. Linc Energy's Interest Expense for the three months ended in Dec. 2015 was A$ -25.44 Mil. Linc 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.


Linc Energy Interest Expense Historical Data

The historical data trend for Linc 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.

Linc Energy Interest Expense Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -7.22 -47.58 -69.31 -86.80

Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -23.14 -20.38 -22.06 -23.88 -25.44

Linc 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-91.76 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.


Linc Energy  (ASX:LNC) 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.

Linc Energy's Interest Expense for the three months ended in Dec. 2015 was A$-25.44 Mil. Its Operating Income for the three months ended in Dec. 2015 was A$-45.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2015 was A$537.85 Mil.

Linc Energy's Interest Coverage for the quarter that ended in Dec. 2015 is calculated as

Linc 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.


Linc Energy (ASX:LNC) Business Description

Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.