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Arctic Fish Holding AS (OSL:AFISH) Interest Expense : kr-61.8 Mil (TTM As of Jun. 2023)


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What is Arctic Fish Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arctic Fish Holding AS's interest expense for the three months ended in Jun. 2023 was kr -27.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was kr-61.8 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. Arctic Fish Holding AS's Operating Income for the three months ended in Jun. 2023 was kr 46.4 Mil. Arctic Fish Holding AS's Interest Expense for the three months ended in Jun. 2023 was kr -27.2 Mil. Arctic Fish Holding AS's Interest Coverage for the quarter that ended in Jun. 2023 was 1.71. 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.


Arctic Fish Holding AS Interest Expense Historical Data

The historical data trend for Arctic Fish Holding AS'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.

Arctic Fish Holding AS Interest Expense Chart

Arctic Fish Holding AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -24.02 -39.70 -22.88 -41.22 -109.79

Arctic Fish Holding AS Quarterly Data
Dec18 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 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 -4.58 -34.63 - -27.21 -

Arctic Fish Holding AS 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-61.8 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.


Arctic Fish Holding AS  (OSL:AFISH) 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.

Arctic Fish Holding AS's Interest Expense for the three months ended in Jun. 2023 was kr-27.2 Mil. Its Operating Income for the three months ended in Jun. 2023 was kr46.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was kr764.7 Mil.

Arctic Fish Holding AS's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*46.402/-27.207
=1.71

* 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.


Arctic Fish Holding AS (OSL:AFISH) Business Description

Traded in Other Exchanges
Address
Sindragata 10, Isafjordur, ISL, 400
Arctic Fish Holding AS is a fish farming company. It is engaged in farming and marketing Atlantic salmon. The fish farming business includes smolt production, salmon farming, harvesting activities, and sales of harvested fish.

Arctic Fish Holding AS (OSL:AFISH) Headlines

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