ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Interest Expense : $-0.2 Mil (TTM As of Mar. 2024)

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What is ABG Sundal Collier Holding ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABG Sundal Collier Holding ASA's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.2 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. ABG Sundal Collier Holding ASA's Operating Income for the three months ended in Mar. 2024 was $ 6.7 Mil. ABG Sundal Collier Holding ASA's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. ABG Sundal Collier Holding ASA has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

ABG Sundal Collier Holding ASA Interest Expense Historical Data

The historical data trend for ABG Sundal Collier Holding 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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ABG Sundal Collier Holding ASA Interest Expense Chart

ABG Sundal Collier Holding ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.35

-4.61

-4.22

-6.84

-12.49

ABG Sundal Collier Holding 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															-	-0.22	-	-	-

ABG Sundal Collier Holding 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 $-0.2 Mil.

ABG Sundal Collier Holding ASA (OTCPK:ABGSF) 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.

ABG Sundal Collier Holding ASA's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $6.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.0 Mil.

ABG Sundal Collier Holding ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

ABG Sundal Collier Holding ASA had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ABG Sundal Collier Holding ASA has enough cash to cover all of its debt. Its financial situation is stable.

ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ABG Sundal Collier Holding ASA (OTCPK:ABGSF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ABG:Norway DAB:Germany

Address

Ruselokkveien 26, 8th floor, Oslo, NOR, 0251

Website

https://www.abgsc.se

ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.

ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Headlines

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