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INA-Industrija Nafte DD (ZAG:INA) Interest Expense : €-18 Mil (TTM As of Mar. 2024)


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What is INA-Industrija Nafte DD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. INA-Industrija Nafte DD's interest expense for the three months ended in Mar. 2024 was € -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-18 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. INA-Industrija Nafte DD's Operating Income for the three months ended in Mar. 2024 was € 21 Mil. INA-Industrija Nafte DD's Interest Expense for the three months ended in Mar. 2024 was € -12 Mil. INA-Industrija Nafte DD's Interest Coverage for the quarter that ended in Mar. 2024 was 1.71. 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.

INA-Industrija Nafte DD Interest Expense Historical Data

The historical data trend for INA-Industrija Nafte DD'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.

INA-Industrija Nafte DD Interest Expense Chart

INA-Industrija Nafte DD 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 -9.66 -8.81 -9.90 -10.97 -21.39

INA-Industrija Nafte DD 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 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 -15.00 -6.60 -9.50 9.71 -12.10

INA-Industrija Nafte DD 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 €-18 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.

INA-Industrija Nafte DD  (ZAG:INA) 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.

INA-Industrija Nafte DD's Interest Expense for the three months ended in Mar. 2024 was €-12 Mil. Its Operating Income for the three months ended in Mar. 2024 was €21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €298 Mil.

INA-Industrija Nafte DD'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*20.7/-12.1
=1.71

* 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.

INA-Industrija Nafte DD (ZAG:INA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » INA-Industrija Nafte DD (ZAG:INA) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Avenija Veceslava, Holjevca 10, Zagreb, HRV, 10 020
Website
https://www.ina.hr
INA-Industrija Nafte dd is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.

INA-Industrija Nafte DD (ZAG:INA) Headlines

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