GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Civeo Corp (FRA:44C1) » Definitions » Interest Expense

Civeo (FRA:44C1) Interest Expense : €-11.0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Civeo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Civeo's interest expense for the three months ended in Mar. 2024 was € -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-11.0 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. Civeo's Operating Income for the three months ended in Mar. 2024 was € -0.0 Mil. Civeo's Interest Expense for the three months ended in Mar. 2024 was € -2.2 Mil. Civeo 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.

Civeo Interest Expense Historical Data

The historical data trend for Civeo'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.

Civeo Interest Expense Chart

Civeo 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 -24.65 -13.72 -11.47 -10.83 -12.08

Civeo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -3.42 -3.33 -3.15 -2.34 -2.17

Civeo 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-11.0 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.

Civeo  (FRA:44C1) 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.

Civeo's Interest Expense for the three months ended in Mar. 2024 was €-2.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €81.0 Mil.

Civeo's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Civeo 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.

Civeo (FRA:44C1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Civeo Corp (FRA:44C1) » Definitions » Interest Expense
Comparable Companies
KODK QUAD DLHC PFSW PFMT ARC SST VVI PMEC OMEX LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA
Traded in Other Exchanges
CVEO:USA
Address
333 Clay Street, Three Allen Center, Suite 4980, Houston, TX, USA, 77002
Website
https://www.civeo.com
Civeo Corp provides hospitality services to the natural resources industry in Canada, Australia and the United States. The company provides a full suite of services for guests, including lodging, catering and food service, housekeeping and maintenance at accommodation facilities that the company or its customers own. The company provides services that support the day-to-day operations of these facilities, such as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security and logistics. The company operates in active oil, metallurgical coal, liquefied natural gas and iron ore-producing regions. The company operates in three reportable business segments Canada, Australia and the United States.

Civeo (FRA:44C1) Headlines

No Headlines