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Seacor Marine Holdings (FRA:SQZ) Interest Expense : €-36.1 Mil (TTM As of Mar. 2024)


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What is Seacor Marine Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seacor Marine Holdings's interest expense for the three months ended in Mar. 2024 was € -9.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-36.1 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. Seacor Marine Holdings's Operating Income for the three months ended in Mar. 2024 was € -9.8 Mil. Seacor Marine Holdings's Interest Expense for the three months ended in Mar. 2024 was € -9.5 Mil. Seacor Marine Holdings 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.

Seacor Marine Holdings Interest Expense Historical Data

The historical data trend for Seacor Marine Holdings'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.

Seacor Marine Holdings Interest Expense Chart

Seacor Marine Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -26.06 -25.23 -24.88 -28.04 -34.39

Seacor Marine Holdings 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 -8.21 -8.06 -8.94 -9.58 -9.48

Seacor Marine Holdings 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 €-36.1 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.

Seacor Marine Holdings  (FRA:SQZ) 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.

Seacor Marine Holdings's Interest Expense for the three months ended in Mar. 2024 was €-9.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-9.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €262.5 Mil.

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

Seacor Marine Holdings 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.

Seacor Marine Holdings (FRA:SQZ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacor Marine Holdings Inc (FRA:SQZ) » Definitions » Interest Expense
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Traded in Other Exchanges
SMHI:USA
Address
12121 Wickchester Lane, Suite 500, Houston, TX, USA, 77079
Website
https://www.seacormarine.com
Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Its geographical segment includes the United States, primarily Gulf of Mexico; Africa and Europe, continuing operations; Middle East and Asia and Latin America.

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