Gulfport Energy (FRA:G2U0) Interest Expense : €-50.1 Mil (TTM As of Mar. 2024)

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What is Gulfport Energy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gulfport Energy's interest expense for the three months ended in Mar. 2024 was € -12.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-50.1 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. Gulfport Energy's Operating Income for the three months ended in Mar. 2024 was € 33.7 Mil. Gulfport Energy's Interest Expense for the three months ended in Mar. 2024 was € -12.5 Mil. Gulfport Energy's Interest Coverage for the quarter that ended in Mar. 2024 was 2.70. 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.

Gulfport Energy Interest Expense Historical Data

The historical data trend for Gulfport Energy'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.

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Gulfport Energy Interest Expense Chart

Gulfport Energy Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-125.36

-94.13

-54.46

-49.35

Gulfport Energy 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															-12.33	-11.87	-13.11	-12.60	-12.50

Gulfport Energy 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 €-50.1 Mil.

Gulfport Energy (FRA:G2U0) 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.

Gulfport Energy's Interest Expense for the three months ended in Mar. 2024 was €-12.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was €33.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €586.6 Mil.

Gulfport Energy'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	*	33.7	/	-12.503
	=	2.70

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

Gulfport Energy (FRA:G2U0) Business Description

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GPOR:USA

Address

713 Market Drive, Oklahoma City, OK, USA, 73114

Website

https://www.gulfportenergy.com

Gulfport Energy Corp is an independent exploration and development company. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.

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