SpareBank 1 Nord-Norge (OSL:NONG) Interest Expense : kr-3,528 Mil (TTM As of Jun. 2024)

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What is SpareBank 1 Nord-Norge Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SpareBank 1 Nord-Norge's interest expense for the three months ended in Jun. 2024 was kr -933 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-3,528 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. SpareBank 1 Nord-Norge's Operating Income for the three months ended in Jun. 2024 was kr Mil. SpareBank 1 Nord-Norge'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.

SpareBank 1 Nord-Norge Interest Expense Historical Data

The historical data trend for SpareBank 1 Nord-Norge'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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SpareBank 1 Nord-Norge Interest Expense Chart

SpareBank 1 Nord-Norge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1,181.00

-814.00

-479.00

-1,222.00

-2,885.00

SpareBank 1 Nord-Norge 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															-657.00	-790.00	-879.00	-926.00	-933.00

SpareBank 1 Nord-Norge 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-3,528 Mil.

SpareBank 1 Nord-Norge Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Nord-Norge (OSL:NONG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

0J1N:UK 93S:Germany

Address

Storgata 65, PO Box 6800, Tromso, NOR, 9008

Website

https://www.snn.no

SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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