Bouvet ASA (FRA:BV4) Interest Expense : €-2.0 Mil (TTM As of Dec. 2024)

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What is Bouvet ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bouvet ASA's interest expense for the three months ended in Dec. 2024 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-2.0 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. Bouvet ASA's Operating Income for the three months ended in Dec. 2024 was € 10.1 Mil. Bouvet ASA's Interest Expense for the three months ended in Dec. 2024 was € -0.5 Mil. Bouvet ASA's Interest Coverage for the quarter that ended in Dec. 2024 was 20.57. 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.

Bouvet ASA Interest Expense Historical Data

The historical data trend for Bouvet 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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Bouvet ASA Interest Expense Chart

Bouvet ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.50

-0.64

-0.76

-2.01

Bouvet ASA 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															-0.28	-0.52	-0.52	-0.50	-0.49

Bouvet 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.0 Mil.

Bouvet ASA (FRA:BV4) 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.

Bouvet ASA's Interest Expense for the three months ended in Dec. 2024 was €-0.5 Mil. Its Operating Income for the three months ended in Dec. 2024 was €10.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €20.7 Mil.

Bouvet ASA'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	*	10.12	/	-0.492
	=	20.57

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

Bouvet ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bouvet ASA (FRA:BV4) » Definitions » Interest Expense

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BOUVETO:Sweden BOUV:Norway 0HDU:UK

Address

Sorkedalsveien 8, Oslo, NOR, 0369

Website

https://www.bouvet.no

Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. Its geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.

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