Telenor ASA (Telenor ASA) Interest Expense : $-319 Mil (TTM As of Dec. 2023)

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What is Telenor ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Telenor ASA's interest expense for the three months ended in Dec. 2023 was $ -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-319 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. Telenor ASA's Operating Income for the three months ended in Dec. 2023 was $ 529 Mil. Telenor ASA's Interest Expense for the three months ended in Dec. 2023 was $ -21 Mil. Telenor ASA's Interest Coverage for the quarter that ended in Dec. 2023 was 25.23. 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.

Telenor ASA Interest Expense Historical Data

The historical data trend for Telenor 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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Telenor ASA Interest Expense Chart

Telenor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-505.43

-392.44

-276.69

-186.03

-323.24

Telenor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-27.43	-69.31	-135.79	-92.59	-20.95

Telenor 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-319 Mil.

Telenor ASA (OTCPK:TELNY) 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.

Telenor ASA's Interest Expense for the three months ended in Dec. 2023 was $-21 Mil. Its Operating Income for the three months ended in Dec. 2023 was $529 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $8,185 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	528.561	/	-20.949
	=	25.23

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

Telenor ASA (Telenor ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telenor ASA (OTCPK:TELNY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TELNF:USA TELo:Sweden TEL:Norway TELo:UK 0G8C:UK TEQ:Germany

Address

Snaroyveien 30, Fornebu, NOR, N-1360

Website

https://www.telenor.com

Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

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