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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Icelandair Group hf's interest expense for the
three
months ended in Mar. 2026 was kr -1,359 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr-6,190 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. Icelandair Group hf's Operating Income for the
three
months ended in Mar. 2026 was kr -7,670 Mil. Icelandair Group hf's Interest Expense for the
three
months ended in Mar. 2026 was kr -1,359 Mil.
Icelandair Group hf 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.
Icelandair Group hf (OISE:ICEAIR) 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.
Icelandair Group hf's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as
Icelandair Group hf 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.
Icelandair Group hf Interest Expense Historical Data
* Premium members only.
The historical data trend for Icelandair Group 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.
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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-6,190 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.
What does a Interest Expense of kr-6,190 Mil mean?
Icelandair Group hf (OISE:ICEAIR) has a Interest Expense of kr-6,190 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Icelandair Group hf and its competitors.
Is Icelandair Group hf's Interest Expense too high?
Icelandair Group hf's current Interest Expense is kr-6,190 Mil. Overall, Icelandair Group hf has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Interest Expense compare to DAL and UAL?
Icelandair Group hf's Interest Expense of kr-6,190 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Transportation company?
A good Interest Expense depends on the Transportation industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Icelandair Group hf and its competitors. Icelandair Group hf's current Interest Expense is kr-6,190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.34, compared to a current price of kr0.73 — trading 45.8% below its estimated fair value. The current Interest Expense is kr-6,190 Mil. Icelandair Group hf's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Icelandair Group hf (OISE:ICEAIR), the current Interest Expense is kr-6,190 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.73 is trading 45.8% below its estimated GF Value™ of kr1.34.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
Interest Expense: kr-6,190 Mil
GF Value™: kr1.34 vs. price of kr0.73 (45.8% below fair value)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
51GF Score
Get the complete analysis for OISE:ICEAIR
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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