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Entra ASA (LTS:0R3Y) Interest Expense : kr-1,414 Mil (TTM As of Dec. 2024)


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What is Entra ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Entra ASA's interest expense for the three months ended in Dec. 2024 was kr -219 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,414 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. Entra ASA's Operating Income for the three months ended in Dec. 2024 was kr 669 Mil. Entra ASA's Interest Expense for the three months ended in Dec. 2024 was kr -219 Mil. Entra ASA's Interest Coverage for the quarter that ended in Dec. 2024 was 3.05. 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.


Entra ASA Interest Expense Historical Data

The historical data trend for Entra 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.

Entra ASA Interest Expense Chart

Entra 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 -520.00 -510.00 -1,020.00 -1,528.00 -1,413.00

Entra 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 -345.00 -438.00 -406.00 -351.00 -219.00

Entra 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-1,414 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.


Entra ASA  (LTS:0R3Y) 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.

Entra ASA's Interest Expense for the three months ended in Dec. 2024 was kr-219 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr669 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr23,662 Mil.

Entra 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*669/-219
=3.05

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Entra ASA interest coverage is 1.97, which is low.


Entra ASA Business Description

Traded in Other Exchanges
Address
Biskop Gunnerus Gate 14A, Oslo, NOR, 0185
Entra ASA owns, develops, and manages properties in Norway. It is a commercial real estate company, focusing on large, high-quality, flexible, and environment-friendly office properties in clusters around central public transportation hubs in the cities in Norway. The property portfolio is divided into five different geographic areas Bergen, Oslo, Stavanger, Drammen, and Sandvika. The company leases its properties to the public sector. Rental income accounts for nearly all the company's operating revenue. It also generates income through property appreciation and sale.

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