Seacrest Petroleo Bermuda (CHIX:SEAPTO) Interest Expense: kr-788 Mil (TTM As of Sep. 2024)


CHIX:SEAPTO Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
6 GF Score
Price kr4.93
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What is Seacrest Petroleo Bermuda Interest Expense?

Seacrest Petroleo Bermuda CHIX:SEAPTO 6 Interest Expense is kr-788 Mil as of Sep. 2024. GuruFocus rates CHIX:SEAPTO with a GF Score™ of 6/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seacrest Petroleo Bermuda's interest expense for the three months ended in Sep. 2024 was kr -141 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-788 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. Seacrest Petroleo Bermuda's Operating Income for the three months ended in Sep. 2024 was kr -178 Mil. Seacrest Petroleo Bermuda's Interest Expense for the three months ended in Sep. 2024 was kr -141 Mil. Seacrest Petroleo Bermuda 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.


Seacrest Petroleo Bermuda  (CHIX:SEAPTo) 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.

Seacrest Petroleo Bermuda's Interest Expense for the three months ended in Sep. 2024 was kr-141 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr-178 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr4,120 Mil.

Seacrest Petroleo Bermuda's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Seacrest Petroleo Bermuda 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.


Seacrest Petroleo Bermuda Interest Expense Historical Data

* Premium members only.

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Interest Expense Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
0.00 -0.34 -1.41 -128.61 -507.07

Seacrest Petroleo Bermuda Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -106.72 -291.34 -211.05 -144.13 -141.36
CHIX:SEAPTO
6GF Score
Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Seacrest Petroleo Bermuda 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-788 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-788 Mil mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Interest Expense of kr-788 Mil as of Sep. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Interest Expense too high?
Seacrest Petroleo Bermuda's current Interest Expense is kr-788 Mil. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Interest Expense compare to COP and EOG?
Seacrest Petroleo Bermuda's Interest Expense of kr-788 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Seacrest Petroleo Bermuda and its competitors. Seacrest Petroleo Bermuda's current Interest Expense is kr-788 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Interest Expense of kr-788 Mil. The current Interest Expense is kr-788 Mil. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Interest Expense is kr-788 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Seacrest Petroleo Bermuda Business Description

Industry EnergyOil & Gas
Address 99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr4.93
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