East West Petroleum (TSXV:EW) Interest Expense : C$-0.00 Mil (TTM As of Dec. 2023)

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What is East West Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. East West Petroleum's interest expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-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. East West Petroleum's Operating Income for the three months ended in Dec. 2023 was C$ -0.01 Mil. East West Petroleum's Interest Expense for the three months ended in Dec. 2023 was C$ 0.00 Mil. East West Petroleum 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.

East West Petroleum Interest Expense Historical Data

The historical data trend for East West Petroleum'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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East West Petroleum Interest Expense Chart

East West Petroleum Annual Data

Trend

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Interest Expense

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-0.02

-0.01

East West Petroleum Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

East West Petroleum 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 C$-0.00 Mil.

East West Petroleum (TSXV:EW) 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.

East West Petroleum's Interest Expense for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

East West Petroleum's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

East West Petroleum had no long-term debt ⁽¹⁾.

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

Good Sign:

East West Petroleum Corp has no debt.

East West Petroleum (TSXV:EW) Business Description

Industry

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EWPMF:USA 37A:Germany

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

http://www.eastwestpetroleum.ca

East West Petroleum Corp is an oil and gas exploration and production company. It is engaged in exploring, developing and producing from its oil and gas properties. Its producing oil and gas property in New Zealand is the Taranaki Basin which is located near the west coast of the North Island. The company derives its revenue from acquisition, exploration, and production of oil and gas properties.

Executives

Kevin Haney

Director