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Afentra (FRA:TB8A) Interest Expense : €-7.5 Mil (TTM As of Dec. 2024)


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What is Afentra Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Afentra's interest expense for the six months ended in Dec. 2024 was € -4.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-7.5 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. Afentra's Operating Income for the six months ended in Dec. 2024 was € 36.1 Mil. Afentra's Interest Expense for the six months ended in Dec. 2024 was € -4.1 Mil. Afentra's Interest Coverage for the quarter that ended in Dec. 2024 was 8.89. 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.


Afentra Interest Expense Historical Data

The historical data trend for Afentra'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.

Afentra Interest Expense Chart

Afentra Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.02 -1.66 -7.65

Afentra Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.05 -0.41 -1.26 -3.49 -4.06

Afentra 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-7.5 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.


Afentra  (FRA:TB8A) 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.

Afentra's Interest Expense for the six months ended in Dec. 2024 was €-4.1 Mil. Its Operating Income for the six months ended in Dec. 2024 was €36.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €29.4 Mil.

Afentra's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*36.108/-4.06
=8.89

* 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.


Afentra Business Description

Traded in Other Exchanges
Address
High Holborn House, 52-54 High Holborn, London, GBR, WC1V 6RL
Afentra PLC is an upstream oil and gas company in the United Kingdom with a focus on exploring opportunities across Africa. Its purpose is to support the energy transition in Africa by establishing itself as a credible partner for divesting IOCs and Host Governments. It holds a non-operated interest in several key blocks. The group has a non-operated interest in producing Block 3/05, as well as in the adjacent development Block 3/05A in the Lower Congo Basin, Angola. Additionally, it holds a non-operating interest in the exploration of Block 23 in the Kwanza Basin. Onshore Angola, Afentra has a non-operated interest in Block KON 19, located in the western part of the Onshore Kwanza Basin. It also has a carried interest in the Odewayne Block, located onshore in southwestern Somaliland.

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