SES (XPAR:SESG) Interest Expense : €-86 Mil (TTM As of Dec. 2023)

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What is SES Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SES's interest expense for the three months ended in Dec. 2023 was € -37 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-86 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. SES's Operating Income for the three months ended in Dec. 2023 was € 33 Mil. SES's Interest Expense for the three months ended in Dec. 2023 was € -37 Mil. SES's Interest Coverage for the quarter that ended in Dec. 2023 was 0.89. 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.

SES Interest Expense Historical Data

The historical data trend for SES'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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SES Interest Expense Chart

SES Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-144.00

-123.00

-95.00

-102.00

-86.00

SES 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															-96.00	-29.00	-18.00	-2.00	-37.00

SES 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 €-86 Mil.

SES (XPAR:SESG) 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.

SES's Interest Expense for the three months ended in Dec. 2023 was €-37 Mil. Its Operating Income for the three months ended in Dec. 2023 was €33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €3,466 Mil.

SES'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	*	33	/	-37
	=	0.89

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SES SA interest coverage is 3.15, which is low.

SES (XPAR:SESG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » SES SA (XPAR:SESG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SGBAF:USA SESGL:Luxembourg SESGp:UK 0M6P:UK SES:Germany

Address

Chateau de Betzdorf, Betzdorf, Luxembourg, LUX, L-6815

Website

https://www.ses.com

SES SA is a communications satellite owner and operator and functions in the television broadcasting space. It operates in one operating segment, namely the provision of satellite-based data transmission capacity, and ancillary services, to customers around the world. The largest video division delivers television and radio satellite signals to homes through various media providers such as Comcast, Viacom, M7, and QVC. The mobility revenue is derived by offering high-bandwidth Internet connections to maritime users, and SES SA's government division offers secure communication links to international institutions and governments. Fixed Data works to bring satellite networks and connectivity to remote areas.