House Of Control Group AS (OSL:HOC) Interest Expense : kr-16.6 Mil (TTM As of Sep. 2022)

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What is House Of Control Group AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. House Of Control Group AS's interest expense for the three months ended in Sep. 2022 was kr -6.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was kr-16.6 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. House Of Control Group AS's Operating Income for the three months ended in Sep. 2022 was kr -6.5 Mil. House Of Control Group AS's Interest Expense for the three months ended in Sep. 2022 was kr -6.5 Mil. House Of Control Group AS 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.

House Of Control Group AS Interest Expense Historical Data

The historical data trend for House Of Control Group AS'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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House Of Control Group AS Interest Expense Chart

House Of Control Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

-2.26

-2.24

-1.75

-12.93

-15.44

House Of Control Group AS Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial									-5.76	1.82	-6.07	-5.87	-6.46

House Of Control Group AS 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-16.6 Mil.

House Of Control Group AS (OSL:HOC) 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.

House Of Control Group AS's Interest Expense for the three months ended in Sep. 2022 was kr-6.5 Mil. Its Operating Income for the three months ended in Sep. 2022 was kr-6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was kr120.1 Mil.

House Of Control Group AS's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

House Of Control Group AS did not have earnings to cover the interest expense.

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

House Of Control Group AS (OSL:HOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » House Of Control Group AS (OSL:HOC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

O.H. Bangs vei 70, Hovik, NOR, 1363

Website

https://www.houseofcontrol.com

House Of Control Group AS provides software solutions. The company develops and sells software as a service (SaaS) solutions. The solutions include Complete Control, which is used for managing contracts and assets, including the contracts' financial implications for accounting, budgeting and reporting. Also, the company provides SaaS applications for the users of IFS, an Enterprise Resource Planning system. The solutions are mainly focused on purchasing processes, supplier and B2B customer communications, and travel, time and expense management.

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