Petrogress (Petrogress) Interest Expense : $0.00 Mil (TTM As of Dec. 2021)

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What is Petrogress Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petrogress's interest expense for the three months ended in Dec. 2021 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 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. Petrogress's Operating Income for the three months ended in Dec. 2021 was $ -1.27 Mil. Petrogress's Interest Expense for the three months ended in Dec. 2021 was $ 0.00 Mil. GuruFocus does not calculate Petrogress's interest coverage with the available data. 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.

Petrogress Interest Expense Historical Data

The historical data trend for Petrogress'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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Petrogress Interest Expense Chart

Petrogress Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-0.02

-0.38

-0.24

Petrogress Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Interest Expense	Get a 7-Day Free Trial															-0.03	-	-	-	-

Petrogress 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Petrogress (OTCPK:PGAS) 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.

Petrogress's Interest Expense for the three months ended in Dec. 2021 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2021 was $-1.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2021 was $0.67 Mil.

Petrogress's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

GuruFocus does not calculate Petrogress's interest coverage with the available data.

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

Petrogress (Petrogress) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrogress Inc (OTCPK:PGAS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o: 1, Akti Xaveriou, 5th Floor, Piraeus, GRC, 18538

Website

https://www.petrogressinc.com

Petrogress Inc is an integrated energy company. It operates through its subsidiaries. The company has two segments: The downstream segment comprises refining crude oil into petroleum products, marketing of crude oil and refined products; marine transportation, marketing, and retailing of Gas Oil, Naphtha, Fuels, and lubricants; and the Midstream segment. The company's products and services include Crude Oil, Gas Oil, Naphtha, IFO, Lubricants, and Ships voyages. The majority of the company's revenue is generated from Crude oil sales.

Executives

Christos P Traios	director, 10 percent owner, officer: President, CEO and CFO	10, SP. TRIKOUPI STREET, PIRAEUS J3 18538
Demetrios Z. Pierides	director	4, ZENO KITIEFS STREET, LARNACA A7 6023
Barry S Hollander	officer: Chief Financial Officer	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Barry Michael Friedman	director, 10 percent owner, officer: President	319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401