Sunshine Oilsands (Sunshine Oilsands) Interest Expense : $-7.68 Mil (TTM As of Mar. 2024)

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What is Sunshine Oilsands Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunshine Oilsands's interest expense for the three months ended in Mar. 2024 was $ -2.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.68 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. Sunshine Oilsands's Operating Income for the three months ended in Mar. 2024 was $ -5.69 Mil. Sunshine Oilsands's Interest Expense for the three months ended in Mar. 2024 was $ -2.02 Mil. Sunshine Oilsands 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.

Sunshine Oilsands Interest Expense Historical Data

The historical data trend for Sunshine Oilsands'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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Sunshine Oilsands Interest Expense Chart

Sunshine Oilsands Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-50.81

-19.48

-36.58

-6.43

-7.55

Sunshine Oilsands 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															-1.85	-1.68	-1.97	-2.00	-2.02

Sunshine Oilsands 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 $-7.68 Mil.

Sunshine Oilsands (OTCPK:SUNYF) 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.

Sunshine Oilsands's Interest Expense for the three months ended in Mar. 2024 was $-2.02 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-5.69 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $255.95 Mil.

Sunshine Oilsands's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Sunshine Oilsands did not have earnings to cover the interest expense.

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

Sunshine Oilsands (Sunshine Oilsands) Business Description

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02012:Hong Kong

Address

715-5th Ave SW, Suite 1910, Calgary, AB, CAN, T2P 2X6

Website

https://www.sunshineoilsands.com

Sunshine Oilsands Ltd is a Canada-based company engaged in the exploration and development of oil properties for the production of bitumen in the Athabasca oil sands region in Alberta, Canada. Its projects include West Ells, Thickwood, Legend, Muskwa, Harper, and others. It operates in a single segment of mining, production, and sales of crude oil products.