GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sildarvinnslan HF (OISE:SVN) » Definitions » Interest Expense

Sildarvinnslan HF (OISE:SVN) Interest Expense : kr-2,857 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Sildarvinnslan HF Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sildarvinnslan HF's interest expense for the three months ended in Dec. 2023 was kr -746 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-2,857 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. Sildarvinnslan HF's Operating Income for the three months ended in Dec. 2023 was kr 2,353 Mil. Sildarvinnslan HF's Interest Expense for the three months ended in Dec. 2023 was kr -746 Mil. Sildarvinnslan HF's Interest Coverage for the quarter that ended in Dec. 2023 was 3.15. 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.


Sildarvinnslan HF Interest Expense Historical Data

The historical data trend for Sildarvinnslan 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.

Sildarvinnslan HF Interest Expense Chart

Sildarvinnslan HF Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -548.00 -316.45 -505.76 -1,013.47 -2,857.36

Sildarvinnslan HF Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -435.64 -618.40 -756.82 -736.05 -746.23

Sildarvinnslan 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2,857 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.


Sildarvinnslan HF  (OISE:SVN) 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.

Sildarvinnslan HF's Interest Expense for the three months ended in Dec. 2023 was kr-746 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr2,353 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr35,678 Mil.

Sildarvinnslan HF's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2352.997/-746.228
=3.15

* 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.


Sildarvinnslan HF (OISE:SVN) Business Description

Traded in Other Exchanges
N/A
Address
Hafnarbraut 6, Fjaroabyggo, ISL, 740
Sildarvinnslan HF is the largest and most powerful fishery company. It is the most active in Iceland in the field of fishing and processing of pelagic species and the largest producer of fishmeal and fish oil.

Sildarvinnslan HF (OISE:SVN) Headlines

No Headlines