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First National Energy (First National Energy) Interest Expense : $0.00 Mil (TTM As of Sep. 2023)


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What is First National Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. First National Energy's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $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. First National Energy's Operating Income for the three months ended in Sep. 2023 was $ -0.07 Mil. First National Energy's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. GuruFocus does not calculate First National Energy's interest coverage with the available data. 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.


First National Energy Interest Expense Historical Data

The historical data trend for First National 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.

First National Energy Interest Expense Chart

First National Energy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.03

First National Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec19 Dec20 Dec21 Sep22 Dec22 Sep23
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 - - - - -

First National 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


First National Energy  (OTCPK:FNEC) 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.

First National Energy's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.80 Mil.

First National Energy's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GuruFocus does not calculate First National Energy's interest coverage with the available data.

* 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.


First National Energy (First National Energy) Business Description

Traded in Other Exchanges
N/A
Address
C/o Peter Wanner, 44 Greystone Crescent, Suite 200, Georgetown, ON, CAN, L7G 1G9
First National Energy Corp is engaged in the provision of wind-driven solutions for the solar and hybrid power generation market. Its projects include Zero Carbon World, Propulsion Systems, Diesel Group System, and Vertical Axis Wind Turbine. All assets of the business are located in the United States of America.
Executives
Lubi Enterprises Inc. 10 percent owner 1551 SECOND STREET, SARASOTA FL 34236
Gianni Guido Caputo director, officer: Vice President/Secretary 2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Gregory Dale Sheller director, officer: CEO/President/Director 2000 WEBBER STREET, #3113, SARASOTA FL 34238
Douglas Warren Lindeblom director, officer: P,CEO 2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Peter Wanner director, officer: Treasurer, CFO SUITE 200, 44 GREYSTONE CRESCENT, GEORGETOWN A6 L7G 1G9

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