Odyssey Marine Exploration (Odyssey Marine Exploration) Interest Expense : $-15.45 Mil (TTM As of Jun. 2023)

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What is Odyssey Marine Exploration Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Odyssey Marine Exploration's interest expense for the three months ended in Jun. 2023 was $ -4.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-15.45 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. Odyssey Marine Exploration's Operating Income for the three months ended in Jun. 2023 was $ -3.15 Mil. Odyssey Marine Exploration's Interest Expense for the three months ended in Jun. 2023 was $ -4.33 Mil. Odyssey Marine Exploration 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.

Odyssey Marine Exploration Interest Expense Historical Data

The historical data trend for Odyssey Marine Exploration'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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Odyssey Marine Exploration Interest Expense Chart

Odyssey Marine Exploration Annual Data

Trend

Dec13

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-3.14

-5.36

-6.92

-10.83

-14.09

Odyssey Marine Exploration Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-3.55	-3.67	-3.65	-3.81	-4.33

Odyssey Marine Exploration 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.45 Mil.

Odyssey Marine Exploration (NAS:OMEX) 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.

Odyssey Marine Exploration's Interest Expense for the three months ended in Jun. 2023 was $-4.33 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-3.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $38.74 Mil.

Odyssey Marine Exploration's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Odyssey Marine Exploration did not have earnings to cover the interest expense.

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

Odyssey Marine Exploration (Odyssey Marine Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Odyssey Marine Exploration Inc (NAS:OMEX) » Definitions » Interest Expense

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Traded in Other Exchanges

OYM1:Germany

Address

205 South Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609

Website

https://www.odysseymarine.com

Odyssey Marine Exploration Inc is a deep-ocean exploration company. It is engaged in the discovery, validation, and development of subsea mineral deposits in a socially and environmentally responsible manner. The company works with governments worldwide to identify mineral resources in Exclusive Economic Zones, focusing on phosphorite (fertilizer) and polymetallic nodule (battery metals) projects.

Executives

John Abbott	director	101 20TH ST, APT 2706, MIAMI FL 33139
Laura Lionetti Barton	officer: EVP, Secretary, Corp Comm	5215 WEST LAUREL STREET, TAMPA FL 33607
Mark B Justh	director	5215 WEST LAUREL STREET, TAMPA FL 33607
Christopher Emlyn Jones	officer: Chief Financial Officer	205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609
Fourworld Capital Management Llc	10 percent owner	7 WORLD TRADE CENTER, FL. 46, NEW YORK NY 10007
John Addis	10 percent owner	7 WORLD TRADE CENTER, FLOOR 46, NEW YORK NY 10007
Todd E Siegel	director	2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Longley John D Jr	officer: Chief Operating Officer	5215 WEST LAUREL STREET, TAMPA FL 33607
Jon D Sawyer	director	29491 CAMELBACK DRIVE, EVERGREEN CO 80439
James S Pignatelli	director	2300 E SLINGSHOT WAY, KAMAS UT 84036
Mark Gordon	director, officer: CEO and President	5215 WEST LAUREL STREET, TAMPA FL 33607
Jay Nudi	officer: CFO/Treasurer	5215 WEST LAUREL STREET, TAMPA FL 33607
David J Saul	director	18 DEVONSHIRE BAY ROAD, DEVONSHIRE D0 DV07
Philip S Devine	officer: Chief Financial Officer	5215 WEST LAUREL STREET, TAMPA FL 33607
Michael J Holmes	officer: Chief Financial Officer	5215 W LAUREL ST, TAMPA FL 33607