OCI NV (XAMS:OCI) Interest Expense : €-211 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is OCI NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OCI NV's interest expense for the three months ended in Mar. 2024 was € -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-211 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. OCI NV's Operating Income for the three months ended in Mar. 2024 was € -39 Mil. OCI NV's Interest Expense for the three months ended in Mar. 2024 was € -28 Mil. OCI NV 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.

OCI NV Interest Expense Historical Data

The historical data trend for OCI 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.

OCI NV Interest Expense Chart

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-274.95

-210.60

-248.69

-21.43

-79.78

OCI NV 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															-10.74	-92.58	-56.31	-33.29	-28.43

OCI 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-211 Mil.

OCI NV (XAMS:OCI) 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.

OCI NV's Interest Expense for the three months ended in Mar. 2024 was €-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €2,166 Mil.

OCI NV's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

OCI NV did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. OCI NV interest coverage is 1.36, which is low.

OCI NV (XAMS:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (XAMS:OCI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Mexico OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

OCI NV (XAMS:OCI) Headlines

No Headlines