GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Koninklijke Vopak NV (XAMS:VPK) » Definitions » Interest Expense

Koninklijke Vopak NV (XAMS:VPK) Interest Expense : €-131 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Koninklijke Vopak NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Koninklijke Vopak NV's interest expense for the six months ended in Dec. 2023 was € -61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-131 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. Koninklijke Vopak NV's Operating Income for the six months ended in Dec. 2023 was € 151 Mil. Koninklijke Vopak NV's Interest Expense for the six months ended in Dec. 2023 was € -61 Mil. Koninklijke Vopak NV's Interest Coverage for the quarter that ended in Dec. 2023 was 2.50. 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.


Koninklijke Vopak NV Interest Expense Historical Data

The historical data trend for Koninklijke Vopak NV'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.

Koninklijke Vopak NV Interest Expense Chart

Koninklijke Vopak NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.00 -81.90 -106.20 -120.00 -131.20

Koninklijke Vopak NV Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.50 -60.20 -59.80 -70.60 -60.60

Koninklijke Vopak NV 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 semi-annually data reported by the company within the most recent 12 months, which was €-131 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.


Koninklijke Vopak NV  (XAMS:VPK) 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.

Koninklijke Vopak NV's Interest Expense for the six months ended in Dec. 2023 was €-61 Mil. Its Operating Income for the six months ended in Dec. 2023 was €151 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2,246 Mil.

Koninklijke Vopak NV's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*151.4/-60.6
=2.50

* 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.


Koninklijke Vopak NV (XAMS:VPK) Business Description

Traded in Other Exchanges
Address
Westerlaan 10, Rotterdam, NLD, 3016 CK
Koninklijke Vopak NV is a tank storage provider for the oil and chemical industry. The company provides storage facilities and handling services for bulk liquid products and gases, including oil, chemicals, gases, liquefied natural gas, and biofuels. The company organizes itself into five segments, which are principally based on geography: Europe & Africa, Asia & Middle East, China & North Asia, and Americas and LNG. The Netherlands contributes the largest portion of revenue, followed by Asia (principally Singapore), the Americas (principally the United States), and Europe, the Middle East, and Africa.

Koninklijke Vopak NV (XAMS:VPK) Headlines

No Headlines