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Grong Sparebank (OSL:GRONG) Interest Expense : kr-333.8 Mil (TTM As of Jun. 2024)


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What is Grong Sparebank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grong Sparebank's interest expense for the three months ended in Jun. 2024 was kr -89.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-333.8 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. Grong Sparebank's Operating Income for the three months ended in Jun. 2024 was kr Mil. Grong Sparebank's Interest Expense for the three months ended in Jun. 2024 was kr Mil. 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.


Grong Sparebank Interest Expense Historical Data

The historical data trend for Grong Sparebank'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.

Grong Sparebank Interest Expense Chart

Grong Sparebank 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 -93.06 -71.64 -47.32 -106.28 -267.41

Grong Sparebank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -61.53 -75.17 -81.85 -87.32 -89.51

Grong Sparebank 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-333.8 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.


Grong Sparebank Business Description

Traded in Other Exchanges
N/A
Address
Sundspetvegen 2, PB 104, Grong, NOR, 7871
Grong Sparebank is an independent, local savings bank. It offers banking services to the local community such as Car loans, Mortgage, Loans and refinancing, Retirement and Bank Savings, Insurances, mobile and Online Banking, International payment and others.

Grong Sparebank Headlines

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