SAPMY (Saipem SpA) Interest Expense : $-133 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 $-133 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 $ 200 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.

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Saipem SpA Interest Expense Chart

Saipem SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-166.67

-133.33

-150.42

-175.57

-189.53

Saipem SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-30.53	-43.48	-52.75	-36.63	-

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 $-133 Mil.

Saipem SpA (OTCPK:SAPMY) 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.

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 $200 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $2,325 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.

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

Saipem SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (OTCPK:SAPMY) » Definitions » Interest Expense

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Traded in Other Exchanges

SAPMF:USA SPM:Italy SPMm:UK 0RPI:UK SPE:Germany SPE:Germany SPEA:Germany SPEA:Germany SPM2:Austria

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

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. It offers the development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities. The company also engages in onshore engineering and construction, sustainable infrastructures, robotics and industrialized solutions; offshore engineering and construction, and wind activities.