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InterOil Exploration and Production ASA (OSL:IOX) Interest Expense : kr-87.3 Mil (TTM As of Mar. 2024)


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What is InterOil Exploration and Production ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InterOil Exploration and Production ASA's interest expense for the three months ended in Mar. 2024 was kr -14.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-87.3 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. InterOil Exploration and Production ASA's Operating Income for the three months ended in Mar. 2024 was kr 30.9 Mil. InterOil Exploration and Production ASA's Interest Expense for the three months ended in Mar. 2024 was kr -14.5 Mil. InterOil Exploration and Production ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 2.14. 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.

InterOil Exploration and Production ASA Interest Expense Historical Data

The historical data trend for InterOil Exploration and Production ASA'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.

InterOil Exploration and Production ASA Interest Expense Chart

InterOil Exploration and Production ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.06 -46.09 -1.84 -25.13 -78.63

InterOil Exploration and Production ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.12 -0.23 -14.79 -57.85 -14.45

InterOil Exploration and Production ASA 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 kr-87.3 Mil.

* 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.

InterOil Exploration and Production ASA  (OSL:IOX) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

InterOil Exploration and Production ASA's Interest Expense for the three months ended in Mar. 2024 was kr-14.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr30.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr276.1 Mil.

InterOil Exploration and Production ASA'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*30.86/-14.454
=2.14

* 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.

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

InterOil Exploration and Production ASA (OSL:IOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InterOil Exploration and Production ASA (OSL:IOX) » Definitions » Interest Expense
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Traded in Other Exchanges
IOXO:Sweden
Address
c/o Advokatfirmaet Schjodt AS, Ruselokkveien 14, Oslo, NOR, 0251
Website
https://www.interoil.no
InterOil Exploration and Production ASA is an upstream oil exploration and production company. It is engaged in the exploration, development, production, purchase, and sale of oil and natural gas deposits. The group has a reportable segment namely Colombia and Argentina, which consists of upstream activities including oil and natural gas exploration, field development, and production from its licenses in Colombia, which is the group's strategic business unit. The operations of the firm are carried out in Colombia, Norway and Argentina.

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