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Andfjordlmon Group AS (OSL:ANDF) Interest Coverage : N/A (As of Dec. 2024)


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What is Andfjordlmon Group AS Interest Coverage?

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 by its Interest Expense. Andfjordlmon Group AS's Operating Income for the three months ended in Dec. 2024 was kr0.00 Mil. Andfjordlmon Group AS's Interest Expense for the three months ended in Dec. 2024 was kr0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Andfjordlmon Group AS's Interest Coverage or its related term are showing as below:


OSL:ANDF's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.76
* Ranked among companies with meaningful Interest Coverage only.

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


Andfjordlmon Group AS Interest Coverage Historical Data

The historical data trend for Andfjordlmon Group AS's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

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Andfjordlmon Group AS Interest Coverage Chart

Andfjordlmon Group AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Andfjordlmon Group AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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Competitive Comparison of Andfjordlmon Group AS's Interest Coverage

For the Farm Products subindustry, Andfjordlmon Group AS's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Andfjordlmon Group AS's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Andfjordlmon Group AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Andfjordlmon Group AS's Interest Coverage falls into.


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Andfjordlmon Group AS Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Andfjordlmon Group AS's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Andfjordlmon Group AS's Interest Expense was kr-0.27 Mil. Its Operating Income was kr-71.94 Mil. And its Long-Term Debt & Capital Lease Obligation was kr838.47 Mil.

Andfjordlmon Group AS did not have earnings to cover the interest expense.

Andfjordlmon Group AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Andfjordlmon Group AS's Interest Expense was kr0.00 Mil. Its Operating Income was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was kr838.47 Mil.

GuruFocus does not calculate Andfjordlmon Group AS's interest coverage with the available data.

* 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.


Andfjordlmon Group AS  (OSL:ANDF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Andfjordlmon Group AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Andfjordlmon Group AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Andfjordlmon Group AS Business Description

Traded in Other Exchanges
Address
Kvalnesveien 69, Dverberg, Andoy, NOR, 8485
Andfjord Salmon Group AS is a Norwegian company engaged in salmon farming. The company's farming facility is located on Andoya, the northernmost island in the Arctic Archipelago of Lofoten, Vesteralen. The company's business is to farm salmon with the aim of selling to third parties when the fish has reached a mature state. The company operated one salmon pool facility. The facility uses a seawater flow-through system that avoids issues with salmon lice and poisonous algae, prevents salmon escapement, and at the same time contributes to reduced feed waste.

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