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Vallourec (CHIX:VKP) Interest Expense : €-39 Mil (TTM As of Sep. 2024)


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What is Vallourec Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vallourec's interest expense for the three months ended in Sep. 2024 was € -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-39 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. Vallourec's Operating Income for the three months ended in Sep. 2024 was € 114 Mil. Vallourec's Interest Expense for the three months ended in Sep. 2024 was € -19 Mil. Vallourec's Interest Coverage for the quarter that ended in Sep. 2024 was 6.00. 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.

Vallourec Interest Expense Historical Data

The historical data trend for Vallourec'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.

Vallourec Interest Expense Chart

Vallourec 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 -234.04 -235.03 -177.30 -111.33 -130.58

Vallourec Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.00 - -20.00 - -19.00

Vallourec 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 €-39 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.

Vallourec  (CHIX:VKp) 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.

Vallourec's Interest Expense for the three months ended in Sep. 2024 was €-19 Mil. Its Operating Income for the three months ended in Sep. 2024 was €114 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €766 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*114/-19
=6.00

* 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.

Vallourec Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Vallourec SA (CHIX:VKp) » Definitions » Interest Expense
Comparable Companies
XPAR:JCQ NUE BOM:500228 STLD NSE:TATASTEEL TSE:5401 SHSE:600019 XAMS:MT RS XKRX:005490 SHSE:600010 BOM:532286 TPE:2002 MIC:CHMF X SZSE:000708 BOM:526371 TSE:5411 BSP:GGBR4 CMC
Traded in Other Exchanges
VLOWY:USA VLOUF:USA 0NR2:UK VK:France VACD:Germany
Address
12 Rue de la Verrerie, Meudon, FRA, 92190
Website
http://www.vallourec.com
Vallourec SA is engaged in the provision of tubular solutions to the oil and gas industry. Its expertise also extends to the industry sector including mechanicals, automobile, and construction. The company has structured its operations into the following business segments, Seamless Tubes, Specialty Products and and Holding companies and other. The group has a large portfolio of tubular products including a range of seamless tubes, specialty tubes; and connections and accessories. Its primary geographic markets are Europe, North America, South America, Asia, and Rest of the World. Geographically the company receives maximum revenue from North America.

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