Atlantic Petroleum P/F (OCSE:ATLA DKK) Interest Expense : kr-2.04 Mil (TTM As of Mar. 2025)

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What is Atlantic Petroleum P/F Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlantic Petroleum P/F's interest expense for the three months ended in Mar. 2025 was kr -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-2.04 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. Atlantic Petroleum P/F's Operating Income for the three months ended in Mar. 2025 was kr 0.33 Mil. Atlantic Petroleum P/F's Interest Expense for the three months ended in Mar. 2025 was kr -0.01 Mil. Atlantic Petroleum P/F's Interest Coverage for the quarter that ended in Mar. 2025 was 46.71. 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.

Atlantic Petroleum P/F Interest Expense Historical Data

The historical data trend for Atlantic Petroleum P/F'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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Atlantic Petroleum P/F Interest Expense Chart

Atlantic Petroleum P/F Annual Data

Trend

Dec15

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Dec17

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Dec24

Interest Expense

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-3.50

-2.23

-17.97

-0.01

-0.03

Atlantic Petroleum P/F Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-	-0.97	-1.06	-	-0.01

Atlantic Petroleum P/F 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2.04 Mil.

Atlantic Petroleum P/F (OCSE:ATLA DKK) 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.

Atlantic Petroleum P/F's Interest Expense for the three months ended in Mar. 2025 was kr-0.01 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr11.94 Mil.

Atlantic Petroleum P/F's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	0.327	/	-0.007
	=	46.71

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. Atlantic Petroleum P/F interest coverage is 1, which is low.

Atlantic Petroleum P/F Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Atlantic Petroleum P/F (OCSE:ATLA DKK) » Definitions » Interest Expense

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B3W:Germany

Address

Lucas Debesargota 8, P.O. Box 1228, Torshavn, FRO, FO-110

Website

https://www.petroleum.fo

Atlantic Petroleum P/F is engaged in the production and sale of hydrocarbons. Geographically, the company operates in four regional segments: the Faroe Islands, the United Kingdom, Norway, and Others.

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