ShaMaran Petroleum (FRA:3B8) Interest Expense : €-34.00 Mil (TTM As of Mar. 2024)

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What is ShaMaran Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ShaMaran Petroleum's interest expense for the three months ended in Mar. 2024 was € -8.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-34.00 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. ShaMaran Petroleum's Operating Income for the three months ended in Mar. 2024 was € 6.26 Mil. ShaMaran Petroleum's Interest Expense for the three months ended in Mar. 2024 was € -8.01 Mil. ShaMaran Petroleum's Interest Coverage for the quarter that ended in Mar. 2024 was 0.78. 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.

ShaMaran Petroleum Interest Expense Historical Data

The historical data trend for ShaMaran 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.

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ShaMaran Petroleum Interest Expense Chart

ShaMaran Petroleum Annual Data

Trend

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Dec23

Interest Expense

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-20.12

-18.94

-26.14

-34.73

-34.58

ShaMaran Petroleum Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-9.03	-8.92	-8.62	-8.45	-8.01

ShaMaran 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-34.00 Mil.

ShaMaran Petroleum (FRA:3B8) 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.

ShaMaran Petroleum's Interest Expense for the three months ended in Mar. 2024 was €-8.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was €6.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €193.27 Mil.

ShaMaran Petroleum's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	6.256	/	-8.006
	=	0.78

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

ShaMaran Petroleum (FRA:3B8) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ShaMaran Petroleum Corp (FRA:3B8) » Definitions » Interest Expense

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SHASF:USA SNM:Sweden SNM:Canada

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.shamaranpetroleum.com

ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of developing and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.

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