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Scorpio Tankers (MEX:STNG N) Interest Expense : MXN-1,435 Mil (TTM As of Mar. 2025)


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What is Scorpio Tankers Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scorpio Tankers's interest expense for the three months ended in Mar. 2025 was MXN -401 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was MXN-1,435 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. Scorpio Tankers's Operating Income for the three months ended in Mar. 2025 was MXN 1,236 Mil. Scorpio Tankers's Interest Expense for the three months ended in Mar. 2025 was MXN -401 Mil. Scorpio Tankers's Interest Coverage for the quarter that ended in Mar. 2025 was 3.08. 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.


Scorpio Tankers Interest Expense Historical Data

The historical data trend for Scorpio Tankers'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.

Scorpio Tankers Interest Expense Chart

Scorpio Tankers 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 -2,869.58 -2,726.93 -2,962.36 -2,705.93 -1,914.09

Scorpio Tankers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -613.96 -610.55 -411.19 -11.97 -401.37

Scorpio Tankers 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,435 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.


Scorpio Tankers  (MEX:STNG N) 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.

Scorpio Tankers's Interest Expense for the three months ended in Mar. 2025 was MXN-401 Mil. Its Operating Income for the three months ended in Mar. 2025 was MXN1,236 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was MXN17,961 Mil.

Scorpio Tankers's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1235.941/-401.369
=3.08

* 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.


Scorpio Tankers Business Description

Traded in Other Exchanges
Address
99 Boulevard du Jardin Exotique, Monaco, MCO, 98000
Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owned, lease financed, or chartered in vessels spanning three different vessel segments Handymax, MR, and LR2. The company's fleet of tankers is the eco-friendly, and newest fleet on the water hauling clean petroleum products. It provides seaborne transportation of crude oil and refined petroleum products. The company generates the majority of its revenue from LR2.

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