GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidelands Royalty Trust B (OTCPK:TIRTZ) » Definitions » Interest Expense

Tidelands Royalty Trust B (Tidelands Royalty Trust B) Interest Expense : $0.00 Mil (TTM As of Sep. 2018)


View and export this data going back to . Start your Free Trial

What is Tidelands Royalty Trust B Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tidelands Royalty Trust B's interest expense for the three months ended in Sep. 2018 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 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. Tidelands Royalty Trust B's Operating Income for the three months ended in Sep. 2018 was $ -0.01 Mil. Tidelands Royalty Trust B's Interest Expense for the three months ended in Sep. 2018 was $ 0.00 Mil. Tidelands Royalty Trust B has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Tidelands Royalty Trust B Interest Expense Historical Data

The historical data trend for Tidelands Royalty Trust B'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.

Tidelands Royalty Trust B Interest Expense Chart

Tidelands Royalty Trust B Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tidelands Royalty Trust B Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 - - - - -

Tidelands Royalty Trust B 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Tidelands Royalty Trust B  (OTCPK:TIRTZ) 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.

Tidelands Royalty Trust B's Interest Expense for the three months ended in Sep. 2018 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2018 was $-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was $0.00 Mil.

Tidelands Royalty Trust B's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Tidelands Royalty Trust B had no long-term debt (1).

* 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.


Tidelands Royalty Trust B (Tidelands Royalty Trust B) Business Description

Traded in Other Exchanges
N/A
Address
c/o The Corporate Trustee Southwest Bank, 2911 Turtle Creek Boulevard, Dallas, TX, USA, 75219
Tidelands Royalty Trust B is a U.S based royalty trust. It is not permitted to engage in any business activity because it was organized for the sole purpose of providing means for the administration and liquidation of rights to interests in oil, natural gas or other mineral leases obtained by Gulf Oil Corporation in a designated area of the Gulf of Mexico. The Trust through its subsidiary holds title to interests in properties that are situated offshore of Louisiana.

Tidelands Royalty Trust B (Tidelands Royalty Trust B) Headlines