BW Offshore (OSL:BWO) Interest Expense : kr-528 Mil (TTM As of Dec. 2023)

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What is BW Offshore Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BW Offshore's interest expense for the six months ended in Dec. 2023 was kr -256 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-528 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. BW Offshore's Operating Income for the six months ended in Dec. 2023 was kr 769 Mil. BW Offshore's Interest Expense for the six months ended in Dec. 2023 was kr -256 Mil. BW Offshore's Interest Coverage for the quarter that ended in Dec. 2023 was 3.00. 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.

BW Offshore Interest Expense Historical Data

The historical data trend for BW Offshore'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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BW Offshore Interest Expense Chart

BW Offshore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-776.97

-502.40

-434.69

-468.32

-522.20

BW Offshore Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-211.95	-215.43	-249.97	-272.07	-256.35

BW Offshore 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 semi-annually data reported by the company within the most recent 12 months, which was kr-528 Mil.

BW Offshore (OSL:BWO) 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.

BW Offshore's Interest Expense for the six months ended in Dec. 2023 was kr-256 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr769 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr13,948 Mil.

BW Offshore's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	769.051	/	-256.35
	=	3.00

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

BW Offshore (OSL:BWO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BW Offshore Ltd (OSL:BWO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

22 Church Street, 4th Floor, Suite 400, Washington Mall Phase 2, Hamilton, BMU, HM1189

Website

https://www.bwoffshore.com

BW Offshore Ltd is a holding company. It is engaged in developing, owning and operating oil and gas Floating Production, Storage and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction and installation, as well as lease and operation services for FPSOs. The operating segment of company FPSO and Floating wind.

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