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Global Offshore Services (BOM:501848) Interest Expense : ₹-20.8 Mil (TTM As of Dec. 2024)


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What is Global Offshore Services Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Offshore Services's interest expense for the three months ended in Dec. 2024 was ₹ -4.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-20.8 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. Global Offshore Services's Operating Income for the three months ended in Dec. 2024 was ₹ -24.1 Mil. Global Offshore Services's Interest Expense for the three months ended in Dec. 2024 was ₹ -4.0 Mil. Global Offshore Services 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.

Global Offshore Services Interest Expense Historical Data

The historical data trend for Global Offshore Services'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.

Global Offshore Services Interest Expense Chart

Global Offshore Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -730.01 -226.32 -239.25 -86.85 -58.10

Global Offshore Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -8.40 -8.06 -4.91 -3.91 -3.95

Global Offshore Services 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-20.8 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.

Global Offshore Services  (BOM:501848) 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.

Global Offshore Services's Interest Expense for the three months ended in Dec. 2024 was ₹-4.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-24.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0.0 Mil.

Global Offshore Services's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Global Offshore Services 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.

Global Offshore Services Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Global Offshore Services Ltd (BOM:501848) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
D.N. Road, 3rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400001
Website
https://www.globaloffshore.in
Global Offshore Services Ltd is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.

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