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Jason Shipping ASA (OSL:JSHIP) Interest Expense : kr-15.17 Mil (TTM As of Mar. 2013)


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What is Jason Shipping ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jason Shipping ASA's interest expense for the three months ended in Mar. 2013 was kr -3.57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2013 was kr-15.17 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. Jason Shipping ASA's Operating Income for the three months ended in Mar. 2013 was kr -2.47 Mil. Jason Shipping ASA's Interest Expense for the three months ended in Mar. 2013 was kr -3.57 Mil. Jason Shipping 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.


Jason Shipping ASA Interest Expense Historical Data

The historical data trend for Jason Shipping 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.

Jason Shipping ASA Interest Expense Chart

Jason Shipping ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Interest Expense
Get a 7-Day Free Trial Premium Member Only -569.38 -167.83 -167.41 -34.72 -15.48

Jason Shipping ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -4.33 -4.07 -3.94 -3.58 -3.57

Jason Shipping 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 Mar. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-15.17 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.


Jason Shipping ASA  (OSL:JSHIP) 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.

Jason Shipping ASA's Interest Expense for the three months ended in Mar. 2013 was kr-3.57 Mil. Its Operating Income for the three months ended in Mar. 2013 was kr-2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2013 was kr0.00 Mil.

Jason Shipping ASA's Interest Coverage for the quarter that ended in Mar. 2013 is calculated as

Jason Shipping 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.


Jason Shipping ASA (OSL:JSHIP) Business Description

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