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Lamprell (LSE:LAM) Interest Expense : £-3.7 Mil (TTM As of Dec. 2021)


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What is Lamprell Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lamprell's interest expense for the six months ended in Dec. 2021 was £ -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2021 was £-3.7 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. Lamprell's Operating Income for the six months ended in Dec. 2021 was £ -14.8 Mil. Lamprell's Interest Expense for the six months ended in Dec. 2021 was £ -1.9 Mil. Lamprell 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.


Lamprell Interest Expense Historical Data

The historical data trend for Lamprell'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.

Lamprell Interest Expense Chart

Lamprell Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.59 -3.10 -5.27 -3.54 -3.75

Lamprell Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 -2.34 -1.77 -1.90 -1.77 -1.88

Lamprell 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.7 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.


Lamprell  (LSE:LAM) 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.

Lamprell's Interest Expense for the six months ended in Dec. 2021 was £-1.9 Mil. Its Operating Income for the six months ended in Dec. 2021 was £-14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2021 was £47.7 Mil.

Lamprell's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Lamprell 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.


Lamprell (LSE:LAM) Business Description

Traded in Other Exchanges
N/A
Address
Jebel Ali Free Zone, c/o. P.O. Box 33455, Dubai, ARE
Lamprell PLC is a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. Its services include fabricating packaged, pre-assembled and modularised units; constructing accommodation and complex process modules for onshore downstream projects; construction of complex living quarters, wellhead decks, topsides, jackets and other offshore fixed facilities; rig refurbishment; land rig services; engineering and construction and operations and maintenance. The operating business segments are Oil and Gas, Renewables and Digital.

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