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Prairie Operating Co (Prairie Operating Co) Interest Expense : $-0.12 Mil (TTM As of Mar. 2024)


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What is Prairie Operating Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prairie Operating Co's interest expense for the three months ended in Mar. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.12 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. Prairie Operating Co's Operating Income for the three months ended in Mar. 2024 was $ -8.05 Mil. Prairie Operating Co's Interest Expense for the three months ended in Mar. 2024 was $ 0.00 Mil. GuruFocus does not calculate Prairie Operating Co'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.


Prairie Operating Co Interest Expense Historical Data

The historical data trend for Prairie Operating Co'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.

Prairie Operating Co Interest Expense Chart

Prairie Operating Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.64 -1.18 - -0.12

Prairie Operating Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.15 -0.04 -0.07 -0.01 -

Prairie Operating Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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.


Prairie Operating Co  (NAS:PROP) 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.

Prairie Operating Co's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-8.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.22 Mil.

Prairie Operating Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Prairie Operating Co'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.


Prairie Operating Co (Prairie Operating Co) Business Description

Traded in Other Exchanges
N/A
Address
8636 N. Classen Boulevard, Suite 110-502, Oklahoma, OK, USA, 73114
Prairie Operating Co develops and operates bitcoin mining scaled-up facilities using natural gas to power the operations. It generates substantially all its revenue through cryptocurrency, which it earns through mining activities.
Executives
James W. Wallis 10 percent owner 6410 NORTH SANTA FE AVE., STE B, OKLAHOMA CITY OK 73116
Daniel T. Sweeney officer: General Counsel & Corp. Sec'y 8636 N. CLASSEN BOULEVARD, OKLAHOMA CITY OK 73114
Jonathan H. Gray director 657 PERUGIA WAY, LOS ANGELES CA 90077
Erik Thoresen director C/O FUSION ACQUISITION CORP. II, 667 MADISON AVENUE, NEW YORK NY 10065
Robert Craig Owen officer: Chief Financial Officer 2350 N. SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032
Stephen Lee director 3326 MID LANE, HOUSTON TX 77027
Jeremy Landon Ham officer: Chief Commercial Officer 12115 DOUBLE TREE DRIVE, HOUSTON TX 77070
Michael Martin Breen director LOWSLEY HOUSE 133 HEADLEY ROAD, LIPHOOK X0 GU30 7PU
Paul Kessler director, 10 percent owner 555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
Bryan Freeman officer: Exec VP of Operations 16200 PARK ROW, SUITE 300, HOUSTON TX 77084
Gary C Hanna director, officer: President
Gizman I Abbas director 415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Edward Kovalik director, officer: Chief Executive Officer 1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Scott D Kaufman director, 10 percent owner, officer: Chairman, CEO and President MIDUSMMER INVESTMENT LTD, 485 MADISON AVENUE 23RD FLOOR, NEW YORK NY 10022
Alan Louis Urban officer: Chief Financial Officer 1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404