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Leroy Seafood Group ASA Interest Expense

: $-28 Mil (TTM As of Mar. 2022)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leroy Seafood Group ASA's interest expense for the three months ended in Mar. 2022 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was $-28 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. Leroy Seafood Group ASA's Operating Income for the three months ended in Mar. 2022 was $ 121 Mil. Leroy Seafood Group ASA's Interest Expense for the three months ended in Mar. 2022 was $ -5 Mil. Leroy Seafood Group ASA's Interest Coverage for the quarter that ended in Mar. 2022 was 23.55. 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.


Leroy Seafood Group ASA Interest Expense Historical Data

The historical data trend for Leroy Seafood 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.

* Premium members only.

Leroy Seafood Group ASA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.04 -22.01 -26.43 -27.07 -27.24

Leroy Seafood Group ASA Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.51 -6.44 -4.90 -11.25 -5.13

Leroy Seafood 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 Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28 Mil.

* 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.


Leroy Seafood Group ASA  (OTCPK:LYSFY) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Leroy Seafood Group ASA's Interest Expense for the three months ended in Mar. 2022 was $-5 Mil. Its Operating Income for the three months ended in Mar. 2022 was $121 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $853 Mil.

Leroy Seafood Group ASA's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*120.7382839031/-5.1276884763414
=23.55

* 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.

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


Leroy Seafood Group ASA Business Description

Leroy Seafood Group ASA logo
Traded in Other Exchanges
Address
Thormohlens gate 51 B, P.O.Box 7600, Bergen, NOR, NO - 5006
Leroy Seafood Group ASA is a seafood producer, originally from Norway. The company's core activities are global distribution, sale, and marketing of seafood, processed seafood, salmon, fjord trout, cod, saithe, mackerel, herring, sushi, shellfish, and other species. Leroy Seafood Group serves hotels, restaurants, and retail segments with fresh, frozen, smoked, and marinated seafood products. Its main brands are Aurora Salmon, Finest Salmon Loin, Fossen Fjord Fish, Leroj Fjord Trout, Leroy Sushi, and Leroy King Crab.
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