Saudi Aramco Base Oil Co - Luberef (SAU:2223) Interest Expense : ﷼-142 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Saudi Aramco Base Oil Co - Luberef Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saudi Aramco Base Oil Co - Luberef's interest expense for the three months ended in Mar. 2024 was ﷼ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼-142 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. Saudi Aramco Base Oil Co - Luberef's Operating Income for the three months ended in Mar. 2024 was ﷼ 247 Mil. Saudi Aramco Base Oil Co - Luberef's Interest Expense for the three months ended in Mar. 2024 was ﷼ -35 Mil. Saudi Aramco Base Oil Co - Luberef's Interest Coverage for the quarter that ended in Mar. 2024 was 7.14. 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.

Saudi Aramco Base Oil Co - Luberef Interest Expense Historical Data

The historical data trend for Saudi Aramco Base Oil Co - Luberef'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.

Saudi Aramco Base Oil Co - Luberef Interest Expense Chart

Saudi Aramco Base Oil Co - Luberef Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-69.18

-74.40

-142.02

Saudi Aramco Base Oil Co - Luberef Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-34.48	-35.01	-36.45	-36.08	-34.59

Saudi Aramco Base Oil Co - Luberef 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-142 Mil.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) 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.

Saudi Aramco Base Oil Co - Luberef's Interest Expense for the three months ended in Mar. 2024 was ﷼-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was ﷼247 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ﷼1,066 Mil.

Saudi Aramco Base Oil Co - Luberef's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	247.11	/	-34.591
	=	7.14

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

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saudi Aramco Base Oil Co - Luberef (SAU:2223) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Saudi Aramco Industrial Area, P.O. Box 5518, Jeddah, SAU, 21432

Website

https://www.luberef.com

Saudi Aramco Base Oil Co - Luberef is engaged in constructing, owning, and operating refineries of lubricating oils and to purchase, sell, transporting, marketing, importing, and exporting lubricating oils, additives, lubricating oil blending stocks, byproducts, and other related petroleum products. Geographically, the company operates in the Kingdom of Saudi Arabia, the United Arab Emirates, India, Egypt, Singapore, and Others.

Saudi Aramco Base Oil Co - Luberef (SAU:2223) Headlines

No Headlines