Europris ASA (FRA:2RG) Interest Expense : €-15.1 Mil (TTM As of Mar. 2024)

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What is Europris ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Europris ASA's interest expense for the three months ended in Mar. 2024 was € -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-15.1 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. Europris ASA's Operating Income for the three months ended in Mar. 2024 was € 9.2 Mil. Europris ASA's Interest Expense for the three months ended in Mar. 2024 was € -2.8 Mil. Europris ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 3.25. 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.

Europris ASA Interest Expense Historical Data

The historical data trend for Europris ASA'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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Europris ASA Interest Expense Chart

Europris ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-9.09

-12.42

-10.01

-11.85

-13.85

Europris ASA 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															-3.88	-2.54	-3.91	-5.82	-2.85

Europris ASA 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 €-15.1 Mil.

Europris ASA (FRA:2RG) 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.

Europris ASA's Interest Expense for the three months ended in Mar. 2024 was €-2.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was €9.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €262.5 Mil.

Europris ASA'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	*	9.238	/	-2.845
	=	3.25

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

Europris ASA (FRA:2RG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Europris ASA (FRA:2RG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

EPRo:Sweden EPR:Norway EPRo:UK 0RAI:UK

Address

Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661

Website

https://www.europris.no

Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.

Europris ASA (FRA:2RG) Headlines

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