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Austevoll Seafood ASA (OSL:AUSS) Interest Expense : kr-752 Mil (TTM As of Mar. 2024)


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What is Austevoll Seafood ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Austevoll Seafood ASA's interest expense for the three months ended in Mar. 2024 was kr -152 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-752 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. Austevoll Seafood ASA's Operating Income for the three months ended in Mar. 2024 was kr 1,250 Mil. Austevoll Seafood ASA's Interest Expense for the three months ended in Mar. 2024 was kr -152 Mil. Austevoll Seafood ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 8.22. 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.


Austevoll Seafood ASA Interest Expense Historical Data

The historical data trend for Austevoll Seafood 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.

* Premium members only.

Austevoll Seafood ASA Interest Expense Chart

Austevoll Seafood ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -360.00 -341.00 -322.00 -431.00 -716.00

Austevoll Seafood ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -116.00 -142.00 -178.00 -280.00 -152.00

Austevoll Seafood 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-752 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.


Austevoll Seafood ASA  (OSL:AUSS) 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.

Austevoll Seafood ASA's Interest Expense for the three months ended in Mar. 2024 was kr-152 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr1,250 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr11,497 Mil.

Austevoll Seafood ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1250/-152
=8.22

* 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.


Austevoll Seafood ASA (OSL:AUSS) Business Description

Traded in Other Exchanges
Address
Alfabygget, Storebo, NOR, 5392
Austevoll Seafood ASA is a fishery and seafood company that owns and operates fishing vessels, fishmeal plants, canning plants, freezing plants, salmon farming, and marketing and sales. The company mainly operates in Norway, the U.K., Peru, Chile, and North Atlantic region. AUSS's activities are segmented as Leroy Seafood Group ASA (Europe), Austral Group S.A.A (Peru), Foodcorp Chile S.A (Chile), Br. Birkeland AS (Norway), Br. Birkeland Farming AS (Norway) and the joint venture Pelagia Holding AS (Europe). Among the segments, Leroy Seafood Group ASA (Europe) generates the majority of the group's income.

Austevoll Seafood ASA (OSL:AUSS) Headlines

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