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EnQuest (EnQuest) Interest Expense : $-218 Mil (TTM As of Dec. 2023)


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What is EnQuest Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EnQuest's interest expense for the six months ended in Dec. 2023 was $ -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-218 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. EnQuest's Operating Income for the six months ended in Dec. 2023 was $ 207 Mil. EnQuest's Interest Expense for the six months ended in Dec. 2023 was $ -103 Mil. EnQuest's Interest Coverage for the quarter that ended in Dec. 2023 was 2.02. 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.


EnQuest Interest Expense Historical Data

The historical data trend for EnQuest'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.

EnQuest Interest Expense Chart

EnQuest 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 -255.98 -172.43 -151.57 -134.11 -217.74

EnQuest 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 -34.67 -111.98 -22.13 -114.97 -102.77

EnQuest 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 $-218 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.


EnQuest  (OTCPK:ENQUF) 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.

EnQuest's Interest Expense for the six months ended in Dec. 2023 was $-103 Mil. Its Operating Income for the six months ended in Dec. 2023 was $207 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $1,037 Mil.

EnQuest'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*207.213/-102.771
=2.02

* 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.


EnQuest (EnQuest) Business Description

Traded in Other Exchanges
Address
5-11 Regent Street, 2 nd Floor, Charles House, London, GBR, SW1Y 4LR
EnQuest PLC is a UK independent producer of oil and gas. The principal activities of the company and its subsidiaries are the exploration for, and extraction and production of, hydrocarbons in the UK Continental Shelf and Malaysia. It focuses on maturing assets and undeveloped oil fields. Its geographical segments include the North Sea and Malaysia. The company generates maximum revenue from the North Sea.

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