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Exmar NV (CHIX:EXMB) Interest Expense : €-9.7 Mil (TTM As of Dec. 2023)


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What is Exmar NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exmar NV's interest expense for the six months ended in Dec. 2023 was € -4.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-9.7 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. Exmar NV's Operating Income for the six months ended in Dec. 2023 was € 29.3 Mil. Exmar NV's Interest Expense for the six months ended in Dec. 2023 was € -4.4 Mil. Exmar NV's Interest Coverage for the quarter that ended in Dec. 2023 was 6.64. 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.

Exmar NV Interest Expense Historical Data

The historical data trend for Exmar NV'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.

Exmar NV Interest Expense Chart

Exmar NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.95 -14.44 -13.74 -20.73 -9.66

Exmar NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -6.27 -9.04 -11.70 -5.29 -4.41

Exmar NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-9.7 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.

Exmar NV  (CHIX:EXMb) 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.

Exmar NV's Interest Expense for the six months ended in Dec. 2023 was €-4.4 Mil. Its Operating Income for the six months ended in Dec. 2023 was €29.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €201.6 Mil.

Exmar NV'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*29.273/-4.409
=6.64

* 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.

Exmar NV (CHIX:EXMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exmar NV (CHIX:EXMb) » Definitions » Interest Expense
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Traded in Other Exchanges
EXMRF:USA 1EX:Germany 1EX:Germany EXM:Belgium
Address
De Gerlachekaai 20, Antwerpen, BEL, 2000
Website
https://www.exmar.com
Exmar NV is a liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carrier. It provides industrial marine and energy logistical solutions for transport, regasification and liquefaction within the oil and gas industry. The company has three reportable segments: Shipping, Infrastructure, and Supporting services. The activities in the shipping segment include the transportation of liquefied gas products such as Liquid Petroleum Gas, anhydrous ammonia and petrochemical gases; The infrastructure segment includes LNG infrastructure and Offshore and the segment supporting services include the specialized supporting services such as ship management services and travel agency services. Majority of the revenue is generated from Shipping segment.

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