GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seacrest Petroleo Bermuda Ltd (OSL:SEAPT) » Definitions » Interest Expense

Seacrest Petroleo Bermuda (OSL:SEAPT) Interest Expense : kr-511 Mil (TTM As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Seacrest Petroleo Bermuda Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seacrest Petroleo Bermuda's interest expense for the three months ended in Dec. 2023 was kr -291 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-511 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. Seacrest Petroleo Bermuda's Operating Income for the three months ended in Dec. 2023 was kr -139 Mil. Seacrest Petroleo Bermuda's Interest Expense for the three months ended in Dec. 2023 was kr -291 Mil. Seacrest Petroleo Bermuda 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.


Seacrest Petroleo Bermuda Interest Expense Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Interest Expense Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.34 -1.41 -128.61 -507.07

Seacrest Petroleo Bermuda Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -71.59 -23.30 -89.46 -106.72 -291.34

Seacrest Petroleo Bermuda 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 quarterly data reported by the company within the most recent 12 months, which was kr-511 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.


Seacrest Petroleo Bermuda  (OSL:SEAPT) 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.

Seacrest Petroleo Bermuda's Interest Expense for the three months ended in Dec. 2023 was kr-291 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-139 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr3,203 Mil.

Seacrest Petroleo Bermuda's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Seacrest Petroleo Bermuda did not have earnings to cover the interest expense.

* 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.


Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Traded in Other Exchanges
Address
99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

Seacrest Petroleo Bermuda (OSL:SEAPT) Headlines

No Headlines