Airthings ASA (OSL:AIRX) Interest Expense : kr-4.1 Mil (TTM As of Dec. 2024)

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What is Airthings ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Airthings ASA's interest expense for the three months ended in Dec. 2024 was kr 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-4.1 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. Airthings ASA's Operating Income for the three months ended in Dec. 2024 was kr -53.5 Mil. Airthings ASA's Interest Expense for the three months ended in Dec. 2024 was kr 0.0 Mil. GuruFocus does not calculate Airthings ASA's interest coverage with the available data. 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.

Airthings ASA Interest Expense Historical Data

The historical data trend for Airthings ASA'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.

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Airthings ASA Interest Expense Chart

Airthings ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2.23

-2.08

-2.06

-2.27

-2.49

Airthings ASA 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															-7.56	-	-2.97	-1.16	-

Airthings ASA 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-4.1 Mil.

Airthings ASA (OSL:AIRX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Airthings ASA's Interest Expense for the three months ended in Dec. 2024 was kr0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr-53.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr24.4 Mil.

Airthings ASA's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

GuruFocus does not calculate Airthings ASA's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

Airthings ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Airthings ASA (OSL:AIRX) » Definitions » Interest Expense

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Address

Wergelandsveien 7, Oslo, NOR, 0167

Website

https://www.airthings.com

Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments, which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which offers air quality monitors and air purifiers with software solutions to enable consumers to create and maintain a healthy home environment.

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