ABL Group ASA (OSTO:AQUAO) Interest Expense : kr-18 Mil (TTM As of Sep. 2023)

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What is ABL Group ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ABL Group ASA's interest expense for the three months ended in Sep. 2023 was kr -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-18 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. ABL Group ASA's Operating Income for the three months ended in Sep. 2023 was kr 59 Mil. ABL Group ASA's Interest Expense for the three months ended in Sep. 2023 was kr -4 Mil. ABL Group ASA's Interest Coverage for the quarter that ended in Sep. 2023 was 14.02. 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.

ABL Group ASA Interest Expense Historical Data

The historical data trend for ABL Group 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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ABL Group ASA Interest Expense Chart

ABL Group ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.44

-0.78

-6.32

-13.58

ABL Group ASA Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-3.27	-6.56	-4.04	-2.79	-4.22

ABL Group 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-18 Mil.

ABL Group ASA (OSTO:AQUAo) 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.

ABL Group ASA's Interest Expense for the three months ended in Sep. 2023 was kr-4 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr59 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr117 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	59.115	/	-4.215
	=	14.02

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

ABL Group ASA (OSTO:AQUAO) Business Description

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ABL:Norway

Address

10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN

Website

https://www.abl-group.com

ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.

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