NKT AS (FRA:NKT) Interest Expense : €0 Mil (TTM As of Dec. 2024)

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What is NKT AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NKT AS's interest expense for the three months ended in Dec. 2024 was € 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €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. NKT AS's Operating Income for the three months ended in Dec. 2024 was € 159 Mil. NKT AS's Interest Expense for the three months ended in Dec. 2024 was € 0 Mil. GuruFocus does not calculate NKT AS's interest coverage with the available data. 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.

NKT AS Interest Expense Historical Data

The historical data trend for NKT 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.

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NKT AS Interest Expense Chart

NKT AS Annual Data

Trend

Dec15

Dec16

Dec17

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Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-15.90

-10.90

-8.20

-10.00

-8.00

NKT 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															-	-	-	-	-

NKT 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 €0 Mil.

NKT AS (FRA:NKT) 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.

NKT AS's Interest Expense for the three months ended in Dec. 2024 was €0 Mil. Its Operating Income for the three months ended in Dec. 2024 was €159 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €221 Mil.

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

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

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. NKT AS has enough cash to cover all of its debt. Its financial situation is stable.

NKT AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (FRA:NKT) » Definitions » Interest Expense

Traded in Other Exchanges

NKTc:UK 0MGC:UK NKT:Denmark

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.

NKT AS Headlines

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