White River Energy (White River Energy) Interest Expense : $-6.18 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is White River Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. White River Energy's interest expense for the three months ended in Dec. 2023 was $ -2.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-6.18 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. White River Energy's Operating Income for the three months ended in Dec. 2023 was $ -6.81 Mil. White River Energy's Interest Expense for the three months ended in Dec. 2023 was $ -2.09 Mil. White River Energy 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.

White River Energy Interest Expense Historical Data

The historical data trend for White River 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.

* Premium members only.

White River Energy Interest Expense Chart

White River Energy Annual Data

Trend

Mar22

Mar23

Interest Expense

-0.06

-1.82

White River Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.01	-1.81	-1.71	-0.58	-2.09

White River 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.18 Mil.

White River Energy (OTCPK:WTRV) 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.

White River Energy's Interest Expense for the three months ended in Dec. 2023 was $-2.09 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-6.81 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.24 Mil.

White River Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

White River Energy did not have earnings to cover the interest expense.

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

White River Energy (White River Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » White River Energy Corp (OTCPK:WTRV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 W. Dickson Street, Suite 102 G, Fayetteville, AR, USA, 72701

Website

https://www.white-river.com

White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

White River Energy (White River Energy) Headlines

From GuruFocus

White River Energy Corp at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-15-2024