Berkley Renewables (XCNQ:BKS) Interest Expense : C$0.00 Mil (TTM As of Sep. 2018)

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What is Berkley Renewables Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Berkley Renewables's interest expense for the three months ended in Sep. 2018 was C$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2018 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. Berkley Renewables's Operating Income for the three months ended in Sep. 2018 was C$ -0.14 Mil. Berkley Renewables's Interest Expense for the three months ended in Sep. 2018 was C$ 0.00 Mil. Berkley Renewables 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.

Berkley Renewables Interest Expense Historical Data

The historical data trend for Berkley Renewables'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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Berkley Renewables Interest Expense Chart

Berkley Renewables Annual Data

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Interest Expense

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-0.01

Berkley Renewables Quarterly Data
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Berkley Renewables 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 C$0.00 Mil.

Berkley Renewables (XCNQ:BKS) 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.

Berkley Renewables's Interest Expense for the three months ended in Sep. 2018 was C$0.00 Mil. Its Operating Income for the three months ended in Sep. 2018 was C$-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2018 was C$0.00 Mil.

Berkley Renewables's Interest Coverage for the quarter that ended in Sep. 2018 is calculated as

Berkley Renewables had no long-term debt ⁽¹⁾.

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

Berkley Renewables (XCNQ:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Berkley Renewables Inc (XCNQ:BKS) » Definitions » Interest Expense

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Address

570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1

Website

http://www.berkleyresources.com

Berkley Renewables Inc is engaged in diversifying its business into renewable sources of energy which includes management and operation of photovoltaic power generation.