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Dolphin Drilling AS (OSL:DDRIL) Interest Expense : kr-22.6 Mil (TTM As of Mar. 2024)


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What is Dolphin Drilling AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dolphin Drilling AS's interest expense for the three months ended in Mar. 2024 was kr 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-22.6 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. Dolphin Drilling AS's Operating Income for the three months ended in Mar. 2024 was kr -198.4 Mil. Dolphin Drilling AS's Interest Expense for the three months ended in Mar. 2024 was kr 0.0 Mil. GuruFocus does not calculate Dolphin Drilling AS's interest coverage with the available data. 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.


Dolphin Drilling AS Interest Expense Historical Data

The historical data trend for Dolphin Drilling AS'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.

Dolphin Drilling AS Interest Expense Chart

Dolphin Drilling AS Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -325.75 -341.89 -46.52 -23.79 -40.65

Dolphin Drilling AS Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec21 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 -5.27 - -12.87 -9.71 -

Dolphin Drilling AS 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 kr-22.6 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.


Dolphin Drilling AS  (OSL:DDRIL) 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.

Dolphin Drilling AS's Interest Expense for the three months ended in Mar. 2024 was kr0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-198.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr689.8 Mil.

Dolphin Drilling AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Dolphin Drilling AS's interest coverage with the available data.

* 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.


Dolphin Drilling AS (OSL:DDRIL) Business Description

Traded in Other Exchanges
Address
Vestre Svanholmen 12, Sandnes, NOR, N-4313
Dolphin Drilling AS along with its subsidiaries provides exploration and development services to the oil and gas industry. The company operates in one segment, providing drilling services to the offshore oil and gas industry. The company generates the majority of the revenue from Mexico.

Dolphin Drilling AS (OSL:DDRIL) Headlines

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