Univid ASA (OSTO:ELEO) Interest Expense : kr-46.47 Mil (TTM As of Sep. 2023)

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What is Univid ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Univid ASA's interest expense for the three months ended in Sep. 2023 was kr -18.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-46.47 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. Univid ASA's Operating Income for the three months ended in Sep. 2023 was kr -3.50 Mil. Univid ASA's Interest Expense for the three months ended in Sep. 2023 was kr -18.15 Mil. Univid 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.

Univid ASA Interest Expense Historical Data

The historical data trend for Univid 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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Univid ASA Interest Expense Chart

Univid ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.31

-0.03

-0.01

-0.05

-18.82

Univid ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-24.31	41.75	-5.32	-64.76	-18.15

Univid 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-46.47 Mil.

Univid ASA (OSTO:ELEo) 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.

Univid ASA's Interest Expense for the three months ended in Sep. 2023 was kr-18.15 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr-3.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr0.00 Mil.

Univid ASA's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Univid ASA did not have earnings to cover the interest expense.

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

Univid ASA (OSTO:ELEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Univid ASA (OSTO:ELEo) » Definitions » Interest Expense

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UNIV:Norway XEN:Germany

Address

The Foundation 2, Oslo, NOR, 0250

Website

https://www.univid.no

Univid ASA formerly DLTx ASA is a technology company focused on developing, operating, and supporting blockchains. The company seeks to identify the projects, teams, and companies within the decentralized economy and support open-source public distributed ledger technologies. The company's strategy is to focus on the top tier blockchain and decentralized platforms, protocols, exchanges, and wallets.

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