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Quicksilver Resources (FRA:QSR) Interest Expense : €-74.2 Mil (TTM As of Sep. 2015)


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What is Quicksilver Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quicksilver Resources's interest expense for the three months ended in Sep. 2015 was € -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2015 was €-74.2 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. Quicksilver Resources's Operating Income for the three months ended in Sep. 2015 was € -148.8 Mil. Quicksilver Resources's Interest Expense for the three months ended in Sep. 2015 was € -2.8 Mil. Quicksilver Resources 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.


Quicksilver Resources Interest Expense Historical Data

The historical data trend for Quicksilver Resources'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.

Quicksilver Resources Interest Expense Chart

Quicksilver Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -142.40 -141.38 -125.01 -183.85 -132.43

Quicksilver Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -30.89 -34.29 -33.87 -3.19 -2.81

Quicksilver Resources 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-74.2 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.


Quicksilver Resources  (FRA:QSR) 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.

Quicksilver Resources's Interest Expense for the three months ended in Sep. 2015 was €-2.8 Mil. Its Operating Income for the three months ended in Sep. 2015 was €-148.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2015 was €0.0 Mil.

Quicksilver Resources's Interest Coverage for the quarter that ended in Sep. 2015 is calculated as

Quicksilver Resources 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.


Quicksilver Resources (FRA:QSR) Business Description

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Quicksilver Resources Inc was organized as a Delaware corporation in 1997 and became a public company in 1999. It is an independent oil and gas company engaged in the acquisition, exploration, development and production of onshore oil and natural gas in North America and are based in Fort Worth, Texas. The Company focuses on unconventional reservoirs where hydrocarbons may be found in challenging geological conditions, such as fractured shales and coalbeds. Its producing oil and natural gas properties in the United States are principally located in Texas and in Canada in Alberta and British Columbia. Its three core development areas include: Barnett Shale; Horn River; and Horseshoe Canyon. Additionally, It has an oil exploration opportunity in the Delaware basin in western Texas. The Company competes for acquisitions of prospective oil and natural gas properties and oil and gas reserves. Its oil and natural gas operations are focused onshore in North America, in basins containing unconventional reservoirs with predictable, long-lived production. Its current production and development operations are concentrated in its three core areas: the Barnett Shale, Horn River and Horseshoe Canyon. The Company compete for acquisitions of prospective oil and natural gas properties and oil and natural gas reserves. It also compete for drilling rigs and equipment used to drill for and produce oil and natural gas. The Company is subject to a number of federal, state, provincial and local laws and regulations, whose purpose is to protect the health and safety of workers, both generally and within Its industry.