Cadeler AS (OSL:CADLR) Interest Expense : kr-33 Mil (TTM As of Dec. 2023)

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What is Cadeler AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cadeler AS's interest expense for the six months ended in Dec. 2023 was kr -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-33 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. Cadeler AS's Operating Income for the six months ended in Dec. 2023 was kr -84 Mil. Cadeler AS's Interest Expense for the six months ended in Dec. 2023 was kr -30 Mil. Cadeler AS 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.

Cadeler AS Interest Expense Historical Data

The historical data trend for Cadeler AS'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.

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Cadeler AS Interest Expense Chart

Cadeler AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-56.78

-45.46

-34.92

-16.00

-33.09

Cadeler AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						3.48	-34.44	18.98	-3.40	-29.74

Cadeler 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-33 Mil.

Cadeler AS (OSL:CADLR) 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.

Cadeler AS's Interest Expense for the six months ended in Dec. 2023 was kr-30 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr-84 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr2,360 Mil.

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

Cadeler AS did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Cadeler AS (OSL:CADLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cadeler AS (OSL:CADLR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CDLR:USA CADLF:USA CADLRo:Sweden CADLRo:UK CA2:Germany

Address

Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300

Website

https://www.cadeler.com

Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

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