Norwegian Air Shuttle ASA (OSL:NAS) Effective Interest Rate on Debt %: 6.84% (As of Mar. 2026)


OSL:NAS Norwegian Air Shuttle ASA OSL:NAS
73 GF Score
Price kr13.71
GF Value kr16.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Norwegian Air Shuttle ASA Effective Interest Rate on Debt %?

Norwegian Air Shuttle ASA OSL:NAS +0.11% 73 Effective Interest Rate on Debt % is 6.84% as of Mar. 2026. GuruFocus rates OSL:NAS with a GF Score™ of 73/100 and a GF Value™ of kr16.07 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Norwegian Air Shuttle ASA's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was kr1,304 Mil. Norwegian Air Shuttle ASA's average total debt for the quarter that ended in Mar. 2026 was kr19,068 Mil. Therefore, Norwegian Air Shuttle ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 6.84%.


Norwegian Air Shuttle ASA  (OSL:NAS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Norwegian Air Shuttle ASA Effective Interest Rate on Debt % Related Terms


Norwegian Air Shuttle ASA Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % 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.

Norwegian Air Shuttle ASA Effective Interest Rate on Debt % Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.35 6.68 7.03 7.54 7.13

Norwegian Air Shuttle ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 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 7.39 6.84 7.43 7.02 6.84

OSL:NAS vs DAL, UAL, LUV: Effective Interest Rate on Debt % Comparison

For the Airlines subindustry, Norwegian Air Shuttle ASA's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norwegian Air Shuttle ASA Effective Interest Rate on Debt % vs Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % falls into.


OSL:NAS
73GF Score
Norwegian Air Shuttle ASA OSL:NAS
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Norwegian Air Shuttle ASA Effective Interest Rate on Debt % Calculation

Norwegian Air Shuttle ASA's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -1271/( (16077+19551)/ 2 )
=-1  *  -1271/17814
=7.13 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12249 + 3828
=16077

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15712 + 3839
=19551

Norwegian Air Shuttle ASA's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -1304/( (19551+18585)/ 2 )
=-1  *  -1304/19068
=6.84 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=15712 + 3839
=19551

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14788 + 3797
=18585

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.84% mean?
Norwegian Air Shuttle ASA (OSL:NAS) has a Effective Interest Rate on Debt % of 6.84% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Norwegian Air Shuttle ASA and its competitors.
Is Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % too high?
Norwegian Air Shuttle ASA's current Effective Interest Rate on Debt % is 6.84%. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % compare to DAL and UAL?
Norwegian Air Shuttle ASA's Effective Interest Rate on Debt % of 6.84% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Transportation company?
A good Effective Interest Rate on Debt % depends on the Transportation industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Norwegian Air Shuttle ASA and its competitors. Norwegian Air Shuttle ASA's current Effective Interest Rate on Debt % is 6.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (OSL:NAS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr16.07, compared to a current price of kr13.71 — trading 14.7% below its estimated fair value. The current Effective Interest Rate on Debt % is 6.84%. Norwegian Air Shuttle ASA's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Norwegian Air Shuttle ASA (OSL:NAS), the current Effective Interest Rate on Debt % is 6.84% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Norwegian Air Shuttle ASA (OSL:NAS) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued. The current stock price of kr13.71 is trading 14.7% below its estimated GF Value™ of kr16.07. GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.

Key valuation signals for OSL:NAS:

  • Effective Interest Rate on Debt %: 6.84%
  • GF Value™: kr16.07 vs. price of kr13.71 (14.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the OSL:NAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norwegian Air Shuttle ASA Business Description

Address Oksenoyveien 3, Fornebu, P.O. Box 115, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
73GF Score

Get the complete analysis for OSL:NAS

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr13.71
Price
kr16.07
GF Value