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Saipem SpA (LTS:0RPI) Interest Expense : €-137 Mil (TTM As of Dec. 2024)


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What is Saipem SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saipem SpA's interest expense for the three months ended in Dec. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-137 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. Saipem SpA's Operating Income for the three months ended in Dec. 2024 was € 191 Mil. Saipem SpA's Interest Expense for the three months ended in Dec. 2024 was € 0 Mil. GuruFocus does not calculate Saipem SpA's interest coverage with the available data. 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.


Saipem SpA Interest Expense Historical Data

The historical data trend for Saipem SpA'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.

Saipem SpA Interest Expense Chart

Saipem SpA 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 -137.00 -118.00 -142.00 -161.00 -181.00

Saipem SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -40.00 -49.00 -33.00 - -55.00

Saipem SpA 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 quarterly data reported by the company within the most recent 12 months, which was €-137 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.


Saipem SpA  (LTS:0RPI) 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.

Saipem SpA's Interest Expense for the three months ended in Dec. 2024 was €0 Mil. Its Operating Income for the three months ended in Dec. 2024 was €191 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €2,220 Mil.

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

GuruFocus does not calculate Saipem SpA's interest coverage with the available data.

* 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.


Saipem SpA Business Description

Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem SpA specializes in engineering and construction services for the oil and gas industries. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment include Italy, Rest of Europe, CSI, Rest of Asia, etc.

Saipem SpA Headlines

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