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Glen Rose Petroleum (Glen Rose Petroleum) Interest Expense : $-2.65 Mil (TTM As of Dec. 2011)


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What is Glen Rose Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glen Rose Petroleum's interest expense for the three months ended in Dec. 2011 was $ -0.92 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2011 was $-2.65 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. Glen Rose Petroleum's Operating Income for the three months ended in Dec. 2011 was $ -0.77 Mil. Glen Rose Petroleum's Interest Expense for the three months ended in Dec. 2011 was $ -0.92 Mil. Glen Rose Petroleum 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.


Glen Rose Petroleum Interest Expense Historical Data

The historical data trend for Glen Rose 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.

* Premium members only.

Glen Rose Petroleum Interest Expense Chart

Glen Rose Petroleum Annual Data
Trend Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.07 - -2.73 -1.57

Glen Rose Petroleum Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 -0.45 -0.41 -0.63 -0.70 -0.92

Glen Rose 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.65 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.


Glen Rose Petroleum  (GREY:GLRP) 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.

Glen Rose Petroleum's Interest Expense for the three months ended in Dec. 2011 was $-0.92 Mil. Its Operating Income for the three months ended in Dec. 2011 was $-0.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2011 was $0.00 Mil.

Glen Rose Petroleum's Interest Coverage for the quarter that ended in Dec. 2011 is calculated as

Glen Rose Petroleum did not have earnings to cover the interest expense.

* 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.


Glen Rose Petroleum (Glen Rose Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1210 West Clay Road, Suite 5, Houston, TX, USA, 77019
An independent producer of natural gas and crude oil based in Dallas, Texas.
Executives
Michael Patrick Raleigh director SUITE 550, 10000 MEMORIAL DRIVE, HOUSTON TX 77024

Glen Rose Petroleum (Glen Rose Petroleum) Headlines