Lea bank ASA (OSL:LEA) Interest Expense : kr-210.5 Mil (TTM As of Mar. 2024)

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What is Lea bank ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lea bank ASA's interest expense for the three months ended in Mar. 2024 was kr -64.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-210.5 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. Lea bank ASA's Operating Income for the three months ended in Mar. 2024 was kr Mil. Lea bank ASA's Interest Expense for the three months ended in Mar. 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.

Lea bank ASA Interest Expense Historical Data

The historical data trend for Lea bank 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.

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Lea bank ASA Interest Expense Chart

Lea bank ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-62.40

-61.51

-60.38

-61.12

-175.63

Lea bank ASA Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-29.19	-40.91	-49.95	-55.57	-64.09

Lea bank 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-210.5 Mil.

Lea bank ASA (OSL:LEA) Business Description

Industry

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9MJ:Germany

Address

Holbergs gate 21, Oslo, NOR, 0166

Website

https://www.leabank.no

Lea bank ASA is a fully digital consumer finance bank with a presence in the Nordic market. The company offers consumer loans, savings accounts, automated invoice purchases, and SME financing with attractive terms for its customers.