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Vow ASA (LTS:0QTW) Interest Expense : kr-29.8 Mil (TTM As of Dec. 2024)


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What is Vow ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vow ASA's interest expense for the three months ended in Dec. 2024 was kr -15.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-29.8 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. Vow ASA's Operating Income for the three months ended in Dec. 2024 was kr -12.4 Mil. Vow ASA's Interest Expense for the three months ended in Dec. 2024 was kr -15.8 Mil. Vow ASA did not have earnings to cover the interest expense. 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.


Vow ASA Interest Expense Historical Data

The historical data trend for Vow 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.

Vow ASA Interest Expense Chart

Vow 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 -8.70 -11.30 -17.60 -45.50 -63.60

Vow ASA Quarterly Data
Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 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 -18.90 -9.70 - -14.00 -15.80

Vow 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-29.8 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.


Vow ASA  (LTS:0QTW) 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.

Vow ASA's Interest Expense for the three months ended in Dec. 2024 was kr-15.8 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr-12.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr315.1 Mil.

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

Vow ASA did not have earnings to cover the interest expense.

* 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.


Vow ASA Business Description

Traded in Other Exchanges
Address
Lysaker Torg 12, Lysaker, NOR, 1366
Vow ASA develops and delivers technology and solutions to bring an end to waste and help industries decarbonise - solutions. The solutions purify wastewater and convert biomass and waste into valuable resources, generating CO2-neutral energy and biocarbon that decarbonise industrial processes. The group is organised across three operating segments: Industrial Solutions, Maritime Solutions and Aftersales. Marine solution segment provide advanced systems with technologies for processing waste and purifying wastewater for cruise ships and aquaculture. Industrial solution designs and provides plants for processing biomass, food products, and industry residues, which are widespread in the sectors of environment, agro-food and energy. Aftersales segment are sales of spare parts, consumable, etc.

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