Goodtech ASA (OSL:GOD) Interest Expense : kr-6.8 Mil (TTM As of Mar. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Goodtech ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goodtech ASA's interest expense for the three months ended in Mar. 2024 was kr -2.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-6.8 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. Goodtech ASA's Operating Income for the three months ended in Mar. 2024 was kr 10.6 Mil. Goodtech ASA's Interest Expense for the three months ended in Mar. 2024 was kr -2.3 Mil. Goodtech ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 4.61. 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.

Goodtech ASA Interest Expense Historical Data

The historical data trend for Goodtech 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.

Goodtech ASA Interest Expense Chart

Goodtech ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.34

-3.95

-1.33

-5.50

-8.50

Goodtech 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															-4.10	-4.20	-4.70	4.40	-2.30

Goodtech 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-6.8 Mil.

Goodtech ASA (OSL:GOD) 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.

Goodtech ASA's Interest Expense for the three months ended in Mar. 2024 was kr-2.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr10.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr34.5 Mil.

Goodtech 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	*	10.6	/	-2.3
	=	4.61

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

Goodtech ASA (OSL:GOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Goodtech ASA (OSL:GOD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6FO:Germany

Address

Innspurten 15, Oslo, NOR, 0663

Website

http://www.goodtech.no

Goodtech ASA provides technical solutions in the field of electric, power technology and infrastructure. It also supplies automation products and streamlining solutions worldwide.

Goodtech ASA (OSL:GOD) Headlines

No Headlines