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Siminn hf (OISE:SIMINN) Interest Expense : kr-1,696 Mil (TTM As of Dec. 2024)


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What is Siminn hf Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Siminn hf's interest expense for the three months ended in Dec. 2024 was kr -428 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,696 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. Siminn hf's Operating Income for the three months ended in Dec. 2024 was kr 944 Mil. Siminn hf's Interest Expense for the three months ended in Dec. 2024 was kr -428 Mil. Siminn hf's Interest Coverage for the quarter that ended in Dec. 2024 was 2.21. 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.


Siminn hf Interest Expense Historical Data

The historical data trend for Siminn 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.

Siminn hf Interest Expense Chart

Siminn hf 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 -611.00 -337.00 -476.00 -945.00 -1,601.00

Siminn hf 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 -287.00 -291.00 -501.00 -476.00 -428.00

Siminn 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,696 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.


Siminn hf  (OISE:SIMINN) 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.

Siminn hf's Interest Expense for the three months ended in Dec. 2024 was kr-428 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr944 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr14,304 Mil.

Siminn hf'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*944/-428
=2.21

* 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.


Siminn hf Business Description

Traded in Other Exchanges
N/A
Address
Armula 25, Reykjavik, ISL, 108
Siminn hf is an Iceland-based telecommunications company engaged in offering communication services. The operating segments of the company are Mobile, Internet, and Network; TV; Equipment sales; and Others. It derives a majority of the revenue from the Internet and Network segment, which involves revenue from data service, including xDSL service, GPON, Internet, IP net, core network, local loop, and access network. The Mobile segment involves revenue from mobile services in Iceland and abroad, whether traditional GSM service, satellite service, wholesale mobile service, or other mobile services.

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