Norstra Energy (Norstra Energy) Interest Expense : $-0.10 Mil (TTM As of Nov. 2013)

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What is Norstra Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norstra Energy's interest expense for the three months ended in Nov. 2013 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Nov. 2013 was $-0.10 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. Norstra Energy's Operating Income for the three months ended in Nov. 2013 was $ -0.11 Mil. Norstra Energy's Interest Expense for the three months ended in Nov. 2013 was $ -0.05 Mil. Norstra 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.

Norstra Energy Interest Expense Historical Data

The historical data trend for Norstra 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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Norstra Energy Interest Expense Chart

Norstra Energy Annual Data

Trend

Feb12

Feb13

Interest Expense

Norstra Energy Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13
Interest Expense	Get a 7-Day Free Trial			-	-	-0.01	-0.04	-0.05

Norstra 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 Nov. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

Norstra Energy (GREY:NORX) 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.

Norstra Energy's Interest Expense for the three months ended in Nov. 2013 was $-0.05 Mil. Its Operating Income for the three months ended in Nov. 2013 was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Nov. 2013 was $0.84 Mil.

Norstra Energy's Interest Coverage for the quarter that ended in Nov. 2013 is calculated as

Norstra Energy did not have earnings to cover the interest expense.

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

Norstra Energy (Norstra Energy) Business Description

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Address

1048 WEST 11TH, Suite 400, Spokane, WA, USA, 99204

Website

http://www.norstraenergy.com

Norstra Energy Inc explores and develops oil and gas properties. The exploration activities of company are subject to federal, state and local laws and regulations governing exploration, environmental matters, occupational health and safety, taxes, labor standards and other matters.

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