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Nordic Technology Group AS (OSL:NTG) Interest Expense : kr-8.38 Mil (TTM As of Dec. 2024)


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What is Nordic Technology Group AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordic Technology Group AS's interest expense for the six months ended in Dec. 2024 was kr -4.57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-8.38 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. Nordic Technology Group AS's Operating Income for the six months ended in Dec. 2024 was kr -109.65 Mil. Nordic Technology Group AS's Interest Expense for the six months ended in Dec. 2024 was kr -4.57 Mil. Nordic Technology Group 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.

Nordic Technology Group AS Interest Expense Historical Data

The historical data trend for Nordic Technology Group 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.

Nordic Technology Group AS Interest Expense Chart

Nordic Technology Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Expense
- - -4.20 -8.38

Nordic Technology Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial -3.68 -3.68 -2.68 -3.81 -4.57

Nordic Technology Group 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-8.38 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.

Nordic Technology Group AS  (OSL:NTG) 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.

Nordic Technology Group AS's Interest Expense for the six months ended in Dec. 2024 was kr-4.57 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr-109.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr64.57 Mil.

Nordic Technology Group AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Nordic Technology Group 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.

Nordic Technology Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nordic Technology Group AS (OSL:NTG) » Definitions » Interest Expense
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OSL:ININ TSE:6861 GRMN KEYS OSTO:HEXA B FTV TDY TRMB COHR BMI TSE:7701 MKSI VNT SZSE:002414 ITRI CGNX TPE:2360 ESE NOVT ST
Traded in Other Exchanges
N/A
Address
Tollbugata 24, Oslo, NOR, 0157
Website
https://www.ntechgroup.no
Nordic Technology Group AS operates within the technology industry, focusing on accelerating and maximizing the value of disrupting technology innovations. The business of the company is divided into three technology segments namely, Sensor technology, Nanomaterials technology, and Clean technology.