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Eimskipafelag Islands ehf (OISE:EIM) Interest Expense : kr-1,782 Mil (TTM As of Mar. 2024)


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What is Eimskipafelag Islands ehf Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eimskipafelag Islands ehf's interest expense for the three months ended in Mar. 2024 was kr -454 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1,782 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. Eimskipafelag Islands ehf's Operating Income for the three months ended in Mar. 2024 was kr -135 Mil. Eimskipafelag Islands ehf's Interest Expense for the three months ended in Mar. 2024 was kr -454 Mil. Eimskipafelag Islands ehf 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.

Eimskipafelag Islands ehf Interest Expense Historical Data

The historical data trend for Eimskipafelag Islands ehf'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.

Eimskipafelag Islands ehf Interest Expense Chart

Eimskipafelag Islands ehf Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -773.07 -1,155.94 -1,073.81 -1,173.89 -1,627.36

Eimskipafelag Islands ehf Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -355.40 -465.34 -422.29 -440.00 -454.30

Eimskipafelag Islands ehf 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,782 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.

Eimskipafelag Islands ehf  (OISE:EIM) 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.

Eimskipafelag Islands ehf's Interest Expense for the three months ended in Mar. 2024 was kr-454 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-135 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr26,518 Mil.

Eimskipafelag Islands ehf's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Eimskipafelag Islands ehf 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.

Eimskipafelag Islands ehf (OISE:EIM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Eimskipafelag Islands ehf (OISE:EIM) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Sundabakki 2, Reykjavík, ISL, 104
Website
https://www.eimskip.com
Eimskipafelag Islands ehf Formerly Eimpskipafelag Islands provides shipping, logistics, supply chain services. The company's operations are divided into two market segments namely Liner services and Forwarding services. The liner services segment includes operations such as port operations, cold storage facilities, warehousing, trucking and distribution, air freight and agency services in Iceland and Norway. The forwarding services segment includes reefer forwarding, a system based on a network of own offices, association with deep-sea lines and associates. The company earns the majority of its revenues from Iceland, the Faroe Islands, and Asia.