Kosmos Energy (LSE:KOS) Interest Expense : £-79 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Kosmos Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kosmos Energy's interest expense for the three months ended in Mar. 2024 was £ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was £-79 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. Kosmos Energy's Operating Income for the three months ended in Mar. 2024 was £ 146 Mil. Kosmos Energy's Interest Expense for the three months ended in Mar. 2024 was £ -16 Mil. Kosmos Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 8.96. 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.

Kosmos Energy Interest Expense Historical Data

The historical data trend for Kosmos Energy'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.

Kosmos Energy Interest Expense Chart

Kosmos Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-95.16

-76.13

-84.09

-101.09

-82.11

Kosmos Energy 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															-21.82	-20.82	-21.62	-19.82	-16.26

Kosmos Energy 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 £-79 Mil.

Kosmos Energy (LSE:KOS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Kosmos Energy's Interest Expense for the three months ended in Mar. 2024 was £-16 Mil. Its Operating Income for the three months ended in Mar. 2024 was £146 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was £2,090 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	145.656	/	-16.261
	=	8.96

The higher the ratio, the stronger the company's financial strength is.

Kosmos Energy (LSE:KOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kosmos Energy Ltd (LSE:KOS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KOS:USA KOSl:UK KOS1:Germany

Address

C/O Kosmos Energy LLC, 8176 Park Lane, Suite 500, Dallas, TX, USA, 75231

Website

https://www.kosmosenergy.com

Kosmos Energy Ltd is an independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margin. The company focuses on field developments designed to accelerate production. Kosmos' exploration is tied to a geologically based approach geared toward the identification of petroleum systems. Its process starts with geologic studies that assess a region's subsurface but also incorporates basin modeling as well as techniques to identify reservoir/seal pair development and trap definition. In addition, a 3D seismic analysis is done to identify prospective traps of interest. In tandem with the subsurface analysis, a country-specific analysis is done to get an understanding of above-ground dynamics before targeting specific licenses.