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BlueNord ASA (LTS:0HTF) Interest Expense : kr-1,440 Mil (TTM As of Dec. 2024)


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What is BlueNord ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BlueNord ASA's interest expense for the three months ended in Dec. 2024 was kr -448 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,440 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. BlueNord ASA's Operating Income for the three months ended in Dec. 2024 was kr 618 Mil. BlueNord ASA's Interest Expense for the three months ended in Dec. 2024 was kr -448 Mil. BlueNord ASA's Interest Coverage for the quarter that ended in Dec. 2024 was 1.38. 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.


BlueNord ASA Interest Expense Historical Data

The historical data trend for BlueNord 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.

* Premium members only.

BlueNord ASA Interest Expense Chart

BlueNord ASA 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 -748.81 -799.32 -371.49 -198.33 -1,497.92

BlueNord 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 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 -62.24 -274.85 -268.57 -449.34 -447.69

BlueNord 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 kr-1,440 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.


BlueNord ASA  (LTS:0HTF) 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.

BlueNord ASA's Interest Expense for the three months ended in Dec. 2024 was kr-448 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr618 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr12,767 Mil.

BlueNord 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*618.244/-447.694
=1.38

* 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.


BlueNord ASA Business Description

Traded in Other Exchanges
Address
Nedre Vollgate 3, Oslo, NOR, 0158
BlueNord ASA is a strategically important European oil and gas company, specializing in producing and developing resources that support the energy transition towards net zero. The company operates in the Danish North Sea. It has a focus on developing and implementing solutions that will improve the long-term position of oil and gas as a key part of the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.

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