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Hagar hf (OISE:HAGA) Interest Expense : kr-3,047 Mil (TTM As of May. 2024)


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What is Hagar hf Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hagar hf's interest expense for the three months ended in May. 2024 was kr -844 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was kr-3,047 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. Hagar hf's Operating Income for the three months ended in May. 2024 was kr 1,833 Mil. Hagar hf's Interest Expense for the three months ended in May. 2024 was kr -844 Mil. Hagar hf's Interest Coverage for the quarter that ended in May. 2024 was 2.17. 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.


Hagar hf Interest Expense Historical Data

The historical data trend for Hagar hf'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.

Hagar hf Interest Expense Chart

Hagar hf Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,505.00 -1,457.00 -1,478.00 -2,070.00 -2,829.00

Hagar hf Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -626.00 -655.00 -706.00 -842.00 -844.00

Hagar hf 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-3,047 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.


Hagar hf  (OISE:HAGA) 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.

Hagar hf's Interest Expense for the three months ended in May. 2024 was kr-844 Mil. Its Operating Income for the three months ended in May. 2024 was kr1,833 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was kr21,999 Mil.

Hagar hf's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2024 )/Interest Expense (Q: May. 2024 )
=-1*1833/-844
=2.17

* 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.


Hagar hf Business Description

Traded in Other Exchanges
N/A
Address
Hagasmari 1, Kopavogur, ISL, 201
Hagar hf is a retail company located in Iceland. The company with its subsidiaries operate stores within retail chains as well as warehouses. It also operates specialty product division within Hagkaup grocery retailer and several specialty stores offering lifestyle and retail brands. The firm mainly operates in grocery sector and owns Hagkaup and Bonus grocery retailers and also support service companies in the fields of purchasing and distribution.

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