Slovnaft AS (LTS:0MZI) Interest Expense: €-3.55 Mil (TTM As of Dec. 2019)

What is Slovnaft AS Interest Expense?

Slovnaft AS LTS:0MZI 8 Interest Expense is €-3.55 Mil as of Dec. 2019. GuruFocus rates LTS:0MZI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Slovnaft AS's interest expense for the six months ended in Dec. 2019 was € -1.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was €-3.55 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. Slovnaft AS's Operating Income for the six months ended in Dec. 2019 was € 44.08 Mil. Slovnaft AS's Interest Expense for the six months ended in Dec. 2019 was € -1.87 Mil. Slovnaft AS's Interest Coverage for the quarter that ended in Dec. 2019 was 23.60. 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.

Slovnaft AS (LTS:0MZI) 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.

Slovnaft AS's Interest Expense for the six months ended in Dec. 2019 was €-1.87 Mil. Its Operating Income for the six months ended in Dec. 2019 was €44.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2019 was €53.61 Mil.

Slovnaft AS's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2019 )	/	Interest Expense (Q: Dec. 2019 )
	=	-1	*	44.084	/	-1.868
	=	23.60

* 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.

Slovnaft AS Interest Expense Historical Data

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The historical data trend for Slovnaft AS's Interest Expense can be seen below:

Slovnaft AS Interest Expense Chart

Slovnaft AS Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-3.80

-5.84

-2.82

-1.75

-3.55

Slovnaft AS Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Interest Expense	Get a 7-Day Free Trial															-1.22	-0.94	-0.82	-1.68	-1.87

Slovnaft AS 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-3.55 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of €-3.55 Mil mean?

Slovnaft AS (LTS:0MZI) has a Interest Expense of €-3.55 Mil as of Dec. 2019. Interest Expense is the amount a company pays on its long-term debt. View historical data on Slovnaft AS and its competitors.

Is Slovnaft AS's Interest Expense too high?

Slovnaft AS's current Interest Expense is €-3.55 Mil. Overall, Slovnaft AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.

How does Slovnaft AS's Interest Expense compare to NGL and INT?

Slovnaft AS's Interest Expense of €-3.55 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Slovnaft AS and its competitors. Slovnaft AS's current Interest Expense is €-3.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Slovnaft AS stock overvalued right now?

Slovnaft AS (LTS:0MZI) has a current Interest Expense of €-3.55 Mil. The current Interest Expense is €-3.55 Mil. Slovnaft AS's overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Slovnaft AS (LTS:0MZI), the current Interest Expense is €-3.55 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Slovnaft AS Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:VVO NGL XTAE:ILCO NZSE:ZEL SHSE:601139 XTAE:ORL PHS:TFHI INT MIL:SRS XTAE:PZOL BKK:SPRC BOM:500109 BKK:BCP ATH:MOH SUN CAS:GAZ PHS:SHLPH CAS:TMA BKK:ESSO ISX:AKRA

Address Vlcie hrdlo 1, Bratislava, SVK, 824 12

Website http://www.slovnaft.sk

Slovnaft AS is engaged in processing crude oil and motor fuels, heating oils and other products, their distribution and sale to wholesale customers as well as to end-customers through its own network of service stations. The group manages its operations in the following segments: Refining and Marketing, Retail, and Other segments. Refining and Marketing segment processes crude oil and markets refinery products and plastics. The retail segment operates a network of petrol stations. It generates maximum revenue from the Refining and Marketing segment. Geographically, it derives a majority of revenue from the Slovak Republic and also has a presence in Czech Republic, Austria, Hungary, Poland, Germany, Italy, Croatia, Romania, The Netherlands, Serbia, and Other Countries.