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Seatrium (FRA:S8N) Interest Expense : €-156 Mil (TTM As of Jun. 2023)


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What is Seatrium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seatrium's interest expense for the six months ended in Jun. 2023 was € -104 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-156 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. Seatrium's Operating Income for the six months ended in Jun. 2023 was € -143 Mil. Seatrium's Interest Expense for the six months ended in Jun. 2023 was € -104 Mil. Seatrium 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.


Seatrium Interest Expense Historical Data

The historical data trend for Seatrium'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.

Seatrium Interest Expense Chart

Seatrium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.79 -82.79 -80.73 -47.01 -84.09

Seatrium Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -23.00 -23.02 -31.61 -51.79 -103.75

Seatrium 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 semi-annually data reported by the company within the most recent 12 months, which was €-156 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.


Seatrium  (FRA:S8N) 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.

Seatrium's Interest Expense for the six months ended in Jun. 2023 was €-104 Mil. Its Operating Income for the six months ended in Jun. 2023 was €-143 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €1,214 Mil.

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

Seatrium did not have earnings to cover the interest expense.

* 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.


Seatrium (FRA:S8N) Business Description

Traded in Other Exchanges
Address
80 Tuas South Boulevard, Singapore, SGP, 637051
Singapore-based Seatrium (formerly known as Sembcorp Marine) is a leading global marine and offshore engineering group with a track record of about 60 years. The company specializes in ship repair, shipbuilding, ship conversion, rig building, and offshore engineering and construction. The company's global network includes facilities in Singapore, Brazil, China, Indonesia, Japan, the Philippines, Norway, the United Kingdom and the United States. Its Singapore operations include one of the largest integrated yards globally, Sembcorp Marine Tuas Boulevard Yard.

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