Inpex (IPXHY) Interest Expense : $-395 Mil (TTM As of Dec. 2023)

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What is Inpex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inpex's interest expense for the three months ended in Dec. 2023 was $ -97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-395 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. Inpex's Operating Income for the three months ended in Dec. 2023 was $ 1,962 Mil. Inpex's Interest Expense for the three months ended in Dec. 2023 was $ -97 Mil. Inpex's Interest Coverage for the quarter that ended in Dec. 2023 was 20.24. 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.

Inpex Interest Expense Historical Data

The historical data trend for Inpex'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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Inpex Interest Expense Chart

Inpex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-155.95

-183.94

-120.77

-239.99

-388.81

Inpex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-95.27	-102.97	-100.51	-95.07	-96.92

Inpex 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 quarterly data reported by the company within the most recent 12 months, which was $-395 Mil.

Inpex (OTCPK:IPXHY) 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.

Inpex's Interest Expense for the three months ended in Dec. 2023 was $-97 Mil. Its Operating Income for the three months ended in Dec. 2023 was $1,962 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $6,222 Mil.

Inpex'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	*	1961.87	/	-96.922
	=	20.24

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

Inpex (IPXHY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Interest Expense

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Traded in Other Exchanges

IPXHF:USA 1605:Japan I8U:Germany

Address

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332

Website

http://www.inpex.co.jp

Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

From GuruFocus

Inpex Corp Could Trade Higher as Oil Prices Rise

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