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Subsea 7 (Subsea 7) Other Income (Expense) : $30 Mil (TTM As of Dec. 2023)


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What is Subsea 7 Other Income (Expense)?

Subsea 7's other income expense for the Subsea 7's pretax income for the three months ended in Dec. 2023 was $-20 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2023 was $30 Mil.

Subsea 7 Other Income (Expense) Historical Data

The historical data trend for Subsea 7's Other Income (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.

Subsea 7 Other Income (Expense) Chart

Subsea 7 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.70 -641.90 51.80 2.50 29.50

Subsea 7 Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Income (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 -26.60 -4.20 59.40 -5.50 -20.20

Subsea 7 Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (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 $30 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.

Subsea 7  (OTCPK:ACGYF) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Subsea 7 (Subsea 7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:ACGYF) » Definitions » Other Income (Expense)
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OSL:AKSO OSL:TGS OSL:SIOFF OSL:PGS OSL:BWO OSL:AKAST OSL:SDNS OSL:EWIND OSL:REACH OSL:NORAM SLB HAL BKR MIL:TEN FTI SHSE:601808 WFRD NOV CHX ASX:WOR
Traded in Other Exchanges
SUBCY:USA SUBCo:Sweden SUBC:Norway SUBCo:UK 0OGK:UK SOC:Germany
Address
40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN
Website
https://www.subsea7.com
Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

Subsea 7 (Subsea 7) Headlines

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