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Netcompany Group AS (CHIX:NETCC) Interest Expense : kr-133 Mil (TTM As of Dec. 2024)


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What is Netcompany Group AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Netcompany Group AS's interest expense for the three months ended in Dec. 2024 was kr -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-133 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. Netcompany Group AS's Operating Income for the three months ended in Dec. 2024 was kr 201 Mil. Netcompany Group AS's Interest Expense for the three months ended in Dec. 2024 was kr -32 Mil. Netcompany Group AS's Interest Coverage for the quarter that ended in Dec. 2024 was 6.24. 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.

Netcompany Group AS Interest Expense Historical Data

The historical data trend for Netcompany Group AS'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.

Netcompany Group AS Interest Expense Chart

Netcompany Group AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.65 -18.61 -48.90 -113.80 -133.10

Netcompany Group AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense 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 -35.80 -34.10 -35.30 -31.50 -32.20

Netcompany Group AS 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-133 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.

Netcompany Group AS  (CHIX:NETCc) 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.

Netcompany Group AS's Interest Expense for the three months ended in Dec. 2024 was kr-32 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr201 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr2,281 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*200.8/-32.2
=6.24

* 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.

Netcompany Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Netcompany Group AS (CHIX:NETCc) » Definitions » Interest Expense
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OCSE:NNIT OCSE:TRIFOR OCSE:COLUM OCSE:DATA OCSE:WIRTEK IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH FIS CTSH TSE:6702 XMAD:AMS IT BOM:507685 TSE:6701 BR XPAR:CAP
Traded in Other Exchanges
NTCYF:USA 0YH9:UK NETC:Denmark 60N:Germany
Address
Strandgade 3, Copenhagen, DNK, 1401
Website
https://www.netcompany.com
Netcompany Group AS is an information technology company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its products include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. It generates maximum revenue from the Public segment. The company serves enterprises from Finance; Government; Manufacturing and engineering; Municipalities; Retail and trade; Service companies; Telecommunication and media; Energy and Utilities and other industries. Geographically, it derives a majority of its revenue from Denmark and also has its presence in United Kingdom, Belgium, Greece, Netherlands and other regions.

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