Topaz Energy (STU:5XU) Interest Expense : €-19.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Topaz Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Topaz Energy's interest expense for the three months ended in Mar. 2024 was € -4.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-19.7 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. Topaz Energy's Operating Income for the three months ended in Mar. 2024 was € 14.0 Mil. Topaz Energy's Interest Expense for the three months ended in Mar. 2024 was € -4.7 Mil. Topaz Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 3.01. 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.

Topaz Energy Interest Expense Historical Data

The historical data trend for Topaz 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.

Topaz Energy Interest Expense Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.40

-2.08

-9.45

-19.89

Topaz Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-5.01	-4.85	-5.19	-4.98	-4.66

Topaz 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-19.7 Mil.

Topaz Energy (STU:5XU) 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.

Topaz Energy's Interest Expense for the three months ended in Mar. 2024 was €-4.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was €14.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €249.5 Mil.

Topaz Energy'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	*	14.03	/	-4.662
	=	3.01

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

Topaz Energy (STU:5XU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Topaz Energy Corp (STU:5XU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TPZEF:USA TPZ:Canada

Address

250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.

Topaz Energy (STU:5XU) Headlines

No Headlines