Silver Star Energy (Silver Star Energy) Interest Expense : $0.00 Mil (TTM As of Sep. 2007)

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What is Silver Star Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver Star Energy's interest expense for the three months ended in Sep. 2007 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2007 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. Silver Star Energy's Operating Income for the three months ended in Sep. 2007 was $ -0.18 Mil. Silver Star Energy's Interest Expense for the three months ended in Sep. 2007 was $ 0.00 Mil. Silver Star Energy 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.

Silver Star Energy Interest Expense Historical Data

The historical data trend for Silver Star Energy'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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Silver Star Energy Interest Expense Chart

Silver Star Energy Annual Data

Trend

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Interest Expense

Silver Star Energy Quarterly Data
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Silver Star Energy 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. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy's Interest Expense for the three months ended in Sep. 2007 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2007 was $-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2007 was $0.00 Mil.

Silver Star Energy's Interest Coverage for the quarter that ended in Sep. 2007 is calculated as

Silver Star Energy had no long-term debt ⁽¹⁾.

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

Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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