Bonheur ASA (Bonheur ASA) Interest Expense : $-56 Mil (TTM As of Mar. 2024)

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What is Bonheur ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bonheur ASA's interest expense for the three months ended in Mar. 2024 was $ -24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-56 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. Bonheur ASA's Operating Income for the three months ended in Mar. 2024 was $ 30 Mil. Bonheur ASA's Interest Expense for the three months ended in Mar. 2024 was $ -24 Mil. Bonheur ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 1.27. 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.

Bonheur ASA Interest Expense Historical Data

The historical data trend for Bonheur 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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Bonheur ASA Interest Expense Chart

Bonheur ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-46.76

-49.54

-48.22

-44.57

-56.13

Bonheur ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-22.84	-22.53	-24.94	15.07	-23.56

Bonheur 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-56 Mil.

Bonheur ASA (OTCPK:BNHUF) 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.

Bonheur ASA's Interest Expense for the three months ended in Mar. 2024 was $-24 Mil. Its Operating Income for the three months ended in Mar. 2024 was $30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $780 Mil.

Bonheur ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	29.966	/	-23.558
	=	1.27

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

Bonheur ASA (Bonheur ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Bonheur ASA (OTCPK:BNHUF) » Definitions » Interest Expense

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Traded in Other Exchanges

BONO:Sweden BONHR:Norway 0DTI:UK V7P:Germany

Address

Fred Olsens Gate 2, P.O. Box 1159, Sentrum, Oslo, NOR, 0107

Website

https://www.bonheur.no

Bonheur ASA was initially a Norwegian shipping company. Currently, the company is engaged in several businesses. It provides services through four segments, namely, Other Investments, Renewable Energy, Cruise, and Wind Services. The renewable energy segment is engaged in the development, construction, and operation of wind farms in Scotland, Norway, Sweden, Ireland, Italy, and the USA. The wind Service segment is engaged in logistics and services within the offshore wind industry. Cruise owns and operates four cruise ships and provides a diverse range of cruises, and The other investments segment has investments within media, real estate, bonds and shares.

Bonheur ASA (Bonheur ASA) Headlines

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Q4 2023 Bonheur ASA Earnings Call Transcript

By GuruFocus Research • 02-28-2024