Viking Holdings (Viking Holdings) Interest Expense : $-186 Mil (TTM As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Viking Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Viking Holdings's interest expense for the three months ended in Mar. 2024 was $ -117 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-186 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. Viking Holdings's Operating Income for the three months ended in Mar. 2024 was $ -70 Mil. Viking Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -117 Mil. Viking Holdings 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.

Viking Holdings Interest Expense Historical Data

The historical data trend for Viking Holdings'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.

Viking Holdings Interest Expense Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-395.88

-454.16

-487.98

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial			-116.29	-123.59	-	-68.18	-117.49

Viking Holdings 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 $-186 Mil.

Viking Holdings (NYSE:VIK) 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.

Viking Holdings's Interest Expense for the three months ended in Mar. 2024 was $-117 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $5,176 Mil.

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

Viking Holdings 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. Viking Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

From GuruFocus

Viking Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

By PRNewswire • 05-03-2024