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BW Energy (OSL:BWE) Interest Expense : kr-275 Mil (TTM As of Dec. 2023)


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What is BW Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BW Energy's interest expense for the six months ended in Dec. 2023 was kr -229 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-275 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. BW Energy's Operating Income for the six months ended in Dec. 2023 was kr 1,229 Mil. BW Energy's Interest Expense for the six months ended in Dec. 2023 was kr -229 Mil. BW Energy's Interest Coverage for the quarter that ended in Dec. 2023 was 5.37. 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.


BW Energy Interest Expense Historical Data

The historical data trend for BW 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.

BW Energy Interest Expense Chart

BW Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -6.32 -121.03 -114.06 -168.95 -274.28

BW Energy Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.48 -61.41 -168.95 -46.43 -228.92

BW 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-275 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.


BW Energy  (OSL:BWE) 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.

BW Energy's Interest Expense for the six months ended in Dec. 2023 was kr-229 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr1,229 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr4,232 Mil.

BW Energy's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1229.005/-228.922
=5.37

* 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.


BW Energy (OSL:BWE) Business Description

Traded in Other Exchanges
Address
22 Church Street, Washington Mall Phase 2, 4th Floor, Suite 400, Hamilton, BMU, HM 1189
BW Energy Ltd is an oil and gas company engaged in the acquisition, development, and production of oil and natural gas fields. The company has hydrocarbon licenses in Gabon, Brazil, and Namibia. The company generates its revenue from the production and sale of crude oil.

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