GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » EAM Solar ASA (OSL:EAM) » Definitions » Interest Expense

EAM Solar ASA (OSL:EAM) Interest Expense : kr-8.74 Mil (TTM As of Mar. 2024)


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

What is EAM Solar ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EAM Solar ASA's interest expense for the three months ended in Mar. 2024 was kr -0.77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-8.74 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. EAM Solar ASA's Operating Income for the three months ended in Mar. 2024 was kr -1.66 Mil. EAM Solar ASA's Interest Expense for the three months ended in Mar. 2024 was kr -0.77 Mil. EAM Solar ASA 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.


EAM Solar ASA Interest Expense Historical Data

The historical data trend for EAM Solar 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.

* Premium members only.

EAM Solar ASA Interest Expense Chart

EAM Solar ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.61 -1.56 -1.12 -1.81 -3.07

EAM Solar 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 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 -0.70 -0.37 -6.80 -0.79 -0.77

EAM Solar 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 kr-8.74 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.


EAM Solar ASA  (OSL:EAM) 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.

EAM Solar ASA's Interest Expense for the three months ended in Mar. 2024 was kr-0.77 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr31.73 Mil.

EAM Solar ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

EAM Solar ASA did not have earnings to cover the interest expense.

* 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.


EAM Solar ASA (OSL:EAM) Business Description

Traded in Other Exchanges
Address
Bryggetorget 7, Oslo, NOR, 0250
EAM Solar ASA is an Investment company that acquires and operates solar power plants for long-term ownership. The company is mainly active in Italy and operates four solar power plants which generate electricity. The solar power plants operated by the company are Lorusso, Brundesini, Scardino, and ENFO 25.

EAM Solar ASA (OSL:EAM) Headlines

No Headlines