Hynion AS (OSL:HYN) Interest Expense: kr-0.58 Mil (TTM As of Jun. 2024)


What is Hynion AS Interest Expense?

Hynion AS OSL:HYN Interest Expense is kr-0.58 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hynion AS's interest expense for the six months ended in Jun. 2024 was kr -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-0.58 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. Hynion AS's Operating Income for the six months ended in Jun. 2024 was kr -8.65 Mil. Hynion AS's Interest Expense for the six months ended in Jun. 2024 was kr -0.12 Mil. Hynion 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.

Hynion AS  (OSL:HYN) 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.

Hynion AS's Interest Expense for the six months ended in Jun. 2024 was kr-0.12 Mil. Its Operating Income for the six months ended in Jun. 2024 was kr-8.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was kr0.00 Mil.

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

Hynion 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.

Hynion AS Interest Expense Historical Data

* Premium members only.

The historical data trend for Hynion 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.

Hynion AS Interest Expense Chart

Hynion AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.06 -1.00 -0.02 -0.63 -0.46

Hynion AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.00 -0.63 -0.00 -0.46 -0.12

Hynion 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 semi-annually data reported by the company within the most recent 12 months, which was kr-0.58 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-0.58 Mil mean?
Hynion AS (OSL:HYN) has a Interest Expense of kr-0.58 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hynion AS and its competitors.
Is Hynion AS's Interest Expense too high?
Hynion AS's current Interest Expense is kr-0.58 Mil.
How does Hynion AS's Interest Expense compare to TSCO and WSM?
Hynion AS's Interest Expense of kr-0.58 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Interest Expense depends on the Retail - Cyclical 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 Hynion AS and its competitors. Hynion AS's current Interest Expense is kr-0.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hynion AS stock overvalued right now?
Hynion AS (OSL:HYN) has a current Interest Expense of kr-0.58 Mil. The current Interest Expense is kr-0.58 Mil. 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 Hynion AS (OSL:HYN), the current Interest Expense is kr-0.58 Mil as of Jun. 2024. 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.

Hynion AS Business Description

Address Sandviksveien 17, P.O. box 526, Hovik, NOR, 1363
Hynion AS is a hydrogen fuel company whose main business is to sell hydrogen fuel through hydrogen stations owned by the company. The company designs, builds, owns, and operates hydrogen fuel stations. The company has four hydrogen stations, one in Norway and three in Sweden.