SpareBank 1 Ringerike Hadeland (OSL:RING) Interest Expense : kr-863 Mil (TTM As of Mar. 2024)

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What is SpareBank 1 Ringerike Hadeland Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SpareBank 1 Ringerike Hadeland's interest expense for the three months ended in Mar. 2024 was kr -242 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-863 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. SpareBank 1 Ringerike Hadeland's Operating Income for the three months ended in Mar. 2024 was kr Mil. SpareBank 1 Ringerike Hadeland's Interest Expense for the three months ended in Mar. 2024 was kr Mil. 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.

SpareBank 1 Ringerike Hadeland Interest Expense Historical Data

The historical data trend for SpareBank 1 Ringerike Hadeland'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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SpareBank 1 Ringerike Hadeland Interest Expense Chart

SpareBank 1 Ringerike Hadeland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-316.00

-229.00

-143.00

-349.00

-787.00

SpareBank 1 Ringerike Hadeland 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															-166.00	-182.00	-213.00	-226.00	-242.00

SpareBank 1 Ringerike Hadeland 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-863 Mil.

SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Ringerike Hadeland (OSL:RING) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southern Torv 6, Honefoss, NOR, 3510

Website

https://www.sparebank1.no

SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

SpareBank 1 Ringerike Hadeland (OSL:RING) Headlines

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