GURUFOCUS.COM » STOCK LIST » Technology » Software » Huddlestock Fintech AS (OSL:HUDL) » Definitions » Interest Expense

Huddlestock Fintech AS (OSL:HUDL) Interest Expense : kr-3.51 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Huddlestock Fintech AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huddlestock Fintech AS's interest expense for the three months ended in Jun. 2024 was kr -0.88 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-3.51 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. Huddlestock Fintech AS's Operating Income for the three months ended in Jun. 2024 was kr -17.79 Mil. Huddlestock Fintech AS's Interest Expense for the three months ended in Jun. 2024 was kr -0.88 Mil. Huddlestock Fintech AS 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.


Huddlestock Fintech AS Interest Expense Historical Data

The historical data trend for Huddlestock Fintech AS'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.

Huddlestock Fintech AS Interest Expense Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.01 -0.04 -2.02 -0.85 -2.70

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 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 -0.39 -0.65 -1.43 -0.56 -0.88

Huddlestock Fintech AS 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-3.51 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.


Huddlestock Fintech AS  (OSL:HUDL) 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.

Huddlestock Fintech AS's Interest Expense for the three months ended in Jun. 2024 was kr-0.88 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr-17.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr0.00 Mil.

Huddlestock Fintech AS's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Huddlestock Fintech AS 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.


Huddlestock Fintech AS Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform.

Huddlestock Fintech AS Headlines

No Headlines