Subsea 7 (CHIX:SUBCO) Interest Expense : kr-1,066 Mil (TTM As of Mar. 2025)

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What is Subsea 7 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Subsea 7's interest expense for the three months ended in Mar. 2025 was kr -225 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-1,066 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. Subsea 7's Operating Income for the three months ended in Mar. 2025 was kr 776 Mil. Subsea 7's Interest Expense for the three months ended in Mar. 2025 was kr -225 Mil. Subsea 7's Interest Coverage for the quarter that ended in Mar. 2025 was 3.45. 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.

Subsea 7 Interest Expense Historical Data

The historical data trend for Subsea 7'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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Subsea 7 Interest Expense Chart

Subsea 7 Annual Data

Trend

Dec15

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Dec24

Interest Expense

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-214.20

-180.52

-240.09

-751.12

-1,135.50

Subsea 7 Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-247.26	-317.40	-266.63	-256.95	-225.31

Subsea 7 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,066 Mil.

Subsea 7 (CHIX:SUBCo) 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.

Subsea 7's Interest Expense for the three months ended in Mar. 2025 was kr-225 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr776 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr7,870 Mil.

Subsea 7's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	776.305	/	-225.31
	=	3.45

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

Subsea 7 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (CHIX:SUBCo) » Definitions » Interest Expense

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Traded in Other Exchanges

SUBCY:USA ACGYF:USA SUBC:Norway 0OGK:UK SOC:Germany

Address

412F, Route d'Esch, Luxembourg, LUX, L-1471

Website

https://www.subsea7.com

Subsea 7 SA is the engineering and construction, service provider 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. Its segments are Subsea and Conventional, Renewables, and Corporate. The group generates the majority of its revenue from the Subsea and Conventional segment includes Subsea Umbilicals, Risers and Flowlines, Conventional services, Activities associated with the provision of inspection, repair and maintenance (IRM) services, heavy lifting operations and decommissioning of redundant offshore structures, carbon capture, and utilisation and storage. Its geographic areas are Norway, Brazil, the United Kingdom, and Others.

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