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Eltek ASA (OSL:ELT) Interest Expense : kr-59 Mil (TTM As of Dec. 2014)


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What is Eltek ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Eltek ASA's interest expense for the three months ended in Dec. 2014 was kr -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2014 was kr-59 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. Eltek ASA's Operating Income for the three months ended in Dec. 2014 was kr -10 Mil. Eltek ASA's Interest Expense for the three months ended in Dec. 2014 was kr -29 Mil. Eltek 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.


Eltek ASA Interest Expense Historical Data

The historical data trend for Eltek 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.

Eltek ASA Interest Expense Chart

Eltek ASA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -88.80 -98.30 -90.10 -81.10 -59.30

Eltek ASA Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -24.00 -6.90 -4.70 -18.70 -29.00

Eltek 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-59 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.


Eltek ASA  (OSL:ELT) 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.

Eltek ASA's Interest Expense for the three months ended in Dec. 2014 was kr-29 Mil. Its Operating Income for the three months ended in Dec. 2014 was kr-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2014 was kr763 Mil.

Eltek ASA's Interest Coverage for the quarter that ended in Dec. 2014 is calculated as

Eltek 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.


Eltek ASA (OSL:ELT) Business Description

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Eltek Power Systems AS was incorporated on January 1, 1971. The Company is a supplier to the telecommunication industry. The Company develops, manufactures & markets power systems & solutions for mission critical applications within telecommunications & data centers, and for the power utilities, railway & metro, & marine & offshore industries.

Eltek ASA (OSL:ELT) Headlines

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