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Gulf Keystone Petroleum (FRA:GVP1) Interest Expense : €-1.6 Mil (TTM As of Jun. 2024)


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What is Gulf Keystone Petroleum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulf Keystone Petroleum's interest expense for the six months ended in Jun. 2024 was € -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-1.6 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. Gulf Keystone Petroleum's Operating Income for the six months ended in Jun. 2024 was € -0.2 Mil. Gulf Keystone Petroleum's Interest Expense for the six months ended in Jun. 2024 was € -0.8 Mil. Gulf Keystone Petroleum 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.


Gulf Keystone Petroleum Interest Expense Historical Data

The historical data trend for Gulf Keystone Petroleum'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.

Gulf Keystone Petroleum Interest Expense Chart

Gulf Keystone Petroleum 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 -10.04 -9.39 -10.05 -7.23 -1.62

Gulf Keystone Petroleum Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -5.34 -1.89 -0.81 -0.82 -0.76

Gulf Keystone Petroleum 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.6 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.


Gulf Keystone Petroleum  (FRA:GVP1) 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.

Gulf Keystone Petroleum's Interest Expense for the six months ended in Jun. 2024 was €-0.8 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.0 Mil.

Gulf Keystone Petroleum's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Gulf Keystone Petroleum 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.


Gulf Keystone Petroleum Business Description

Traded in Other Exchanges
Address
C/o Coson Corporate Services Limited, 41 Cedar Avenue, Cedar House, 3rd Floor, Hamilton, BMU, HM12
Gulf Keystone Petroleum Ltd is a holding company, which is engaged in oil and gas exploration and production. It mainly operates in the Kurdistan Region of Iraq which consists of the Shaikan field, Ber Bahr blocks, and the Erbil office which provides support to the operations in Kurdistan. It generates revenue from oil sales.

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