VTDRF (Vantage Drilling International) Interest Expense: $-34.4 Mil (TTM As of Dec. 2022)


VTDRF Vantage Drilling International Ltd VTDRF
8 GF Score
Price $18.50
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What is Vantage Drilling International Interest Expense?

Vantage Drilling International VTDRF 8 Interest Expense is $-34.4 Mil as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vantage Drilling International's interest expense for the six months ended in Dec. 2022 was $ -34.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-34.4 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. Vantage Drilling International's Operating Income for the six months ended in Dec. 2022 was $ -23.6 Mil. Vantage Drilling International's Interest Expense for the six months ended in Dec. 2022 was $ -34.4 Mil. Vantage Drilling International 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.

Vantage Drilling International  (OTCPK:VTDRF) 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.

Vantage Drilling International's Interest Expense for the six months ended in Dec. 2022 was $-34.4 Mil. Its Operating Income for the six months ended in Dec. 2022 was $-23.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was $179.4 Mil.

Vantage Drilling International's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Vantage Drilling International 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.

Vantage Drilling International Interest Expense Historical Data

* Premium members only.

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International Interest Expense Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.78 -46.58 -34.04 -34.03 -34.35

Vantage Drilling International Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -78.78 -46.58 -34.04 -34.03 -34.35
VTDRF
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Vantage Drilling International Ltd VTDRF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Drilling International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2022 was $-34.4 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-34.4 Mil mean?
Vantage Drilling International (VTDRF) has a Interest Expense of $-34.4 Mil as of Dec. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Vantage Drilling International and its competitors.
Is Vantage Drilling International's Interest Expense too high?
Vantage Drilling International's current Interest Expense is $-34.4 Mil. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Interest Expense compare to SOC and NBR?
Vantage Drilling International's Interest Expense of $-34.4 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Vantage Drilling International and its competitors. Vantage Drilling International's current Interest Expense is $-34.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Interest Expense of $-34.4 Mil. The current Interest Expense is $-34.4 Mil. Vantage Drilling International's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Vantage Drilling International (VTDRF), the current Interest Expense is $-34.4 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vantage Drilling International Business Description

Industry EnergyOil & Gas
Other Exchanges VDI:Norway
Address 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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