Okmin Resources (Okmin Resources) Interest Expense : $0.00 Mil (TTM As of Dec. 2023)

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What is Okmin Resources Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Okmin Resources's interest expense for the three months ended in Dec. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Okmin Resources's Operating Income for the three months ended in Dec. 2023 was $ -0.09 Mil. Okmin Resources's Interest Expense for the three months ended in Dec. 2023 was $ 0.00 Mil. GuruFocus does not calculate Okmin Resources'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.

Okmin Resources Interest Expense Historical Data

The historical data trend for Okmin 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.

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Okmin Resources Interest Expense Chart

Okmin Resources Annual Data

Trend

Jun21

Jun22

Jun23

Interest Expense

Okmin Resources Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial							-	-	-	-	-

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

Okmin Resources (OTCPK:OKMN) 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.

Okmin Resources's Interest Expense for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.17 Mil.

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

GuruFocus does not calculate Okmin Resources's interest coverage with the available data.

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

Okmin Resources (Okmin Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Okmin Resources Inc (OTCPK:OKMN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

16501 Ventura Boulevard, Suite 400, Encino, Los Angeles, CA, USA, 91436

Website

https://www.okminresources.com

Okmin Resources Inc is a natural resource exploration stage company that seeks to acquire, explore, and develop natural resource assets. It engages in the business of the acquisition, exploration, and development of mineral rights and natural resource assets. The company's projects are located in Oklahoma and Kansas. Its projects comprise Vitt Project Kansas; West Sheppard Pool Field in North East Oklahoma; and Pushmataha in South East Oklahoma.

Executives

Roy Mansano	10 percent owner	5343 OSTROM AVE., ENCINO CA 91316
Thomas Lapinski	director	16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436
Jonathan Herzog	director, 10 percent owner, officer: President and CEO	16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436

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