Stonehorse Energy (ASX:SHE) Interest Expense : A$0.00 Mil (TTM As of Dec. 2023)

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What is Stonehorse Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Stonehorse Energy's interest expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 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. Stonehorse Energy's Operating Income for the six months ended in Dec. 2023 was A$ -0.66 Mil. Stonehorse Energy's Interest Expense for the six months ended in Dec. 2023 was A$ 0.00 Mil. Stonehorse Energy has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Stonehorse Energy Interest Expense Historical Data

The historical data trend for Stonehorse 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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Stonehorse Energy Interest Expense Chart

Stonehorse Energy Annual Data

Trend

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Jun23

Interest Expense

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-0.01

-0.02

Stonehorse Energy Semi-Annual Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Stonehorse 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Stonehorse Energy (ASX:SHE) 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.

Stonehorse Energy's Interest Expense for the six months ended in Dec. 2023 was A$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was A$0.00 Mil.

Stonehorse Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Stonehorse Energy had no long-term debt ⁽¹⁾.

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

Good Sign:

Stonehorse Energy Ltd has no debt.

Stonehorse Energy (ASX:SHE) Business Description

Industry

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Address

182 Claisebrook Road, Suite 4, Perth, WA, AUS, 6000

Website

https://www.stonehorseenergy.com

Stonehorse Energy Ltd is engaged in the oil and gas industry. The company operates in two segments: Oil & Gas Exploration, which is the key revenue generator, and the Corporate segment. Geographically, It is managed mainly on the basis of its oil & gas interests in the USA and its corporate activities in Australia.