Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elkem ASA's interest expense for the
three
months ended in Mar. 2026 was kr -113 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was kr-501 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. Elkem ASA's Operating Income for the
three
months ended in Mar. 2026 was kr -139 Mil. Elkem ASA's Interest Expense for the
three
months ended in Mar. 2026 was kr -113 Mil.
Elkem ASA did not have earnings to cover the interest expense.
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.
Elkem ASA (OSL:ELK) 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.
Elkem ASA's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as
Elkem ASA did not have earnings to cover the interest expense.
* 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.
Elkem ASA Interest Expense Historical Data
* Premium members only.
The historical data trend for Elkem 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.
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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-501 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.
Elkem ASA (OSL:ELK) has a Interest Expense of kr-501 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elkem ASA and its competitors.
Is Elkem ASA's Interest Expense too high?
Elkem ASA's current Interest Expense is kr-501 Mil. Overall, Elkem ASA has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Interest Expense compare to LIN and SHW?
Elkem ASA's Interest Expense of kr-501 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Chemicals company?
A good Interest Expense depends on the Chemicals industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elkem ASA and its competitors. Elkem ASA's current Interest Expense is kr-501 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (OSL:ELK) is currently considered Significantly Overvalued. The stock's GF Value™ is kr16.30, compared to a current price of kr30.30 — trading 85.9% above its estimated fair value. The current Interest Expense is kr-501 Mil. Elkem ASA's overall GF Score™ is 63/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Elkem ASA (OSL:ELK), the current Interest Expense is kr-501 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elkem ASA (OSL:ELK) Overvalued in 2026?
Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued.
The current stock price of kr30.30 is trading 85.9% above its estimated GF Value™ of kr16.30.
GuruFocus considers Elkem ASA to be Significantly Overvalued.
Key valuation signals for OSL:ELK:
Interest Expense: kr-501 Mil
GF Value™: kr16.30 vs. price of kr30.30 (85.9% above fair value)
No single metric tells the full story. See the OSL:ELK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
63GF Score
Get the complete analysis for OSL:ELK
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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