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Nordic Unmanned ASA (OSL:NUMND) Interest Expense : kr-33.3 Mil (TTM As of Sep. 2024)


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What is Nordic Unmanned ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordic Unmanned ASA's interest expense for the three months ended in Sep. 2024 was kr -7.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-33.3 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 Unmanned ASA's Operating Income for the three months ended in Sep. 2024 was kr -3.4 Mil. Nordic Unmanned ASA's Interest Expense for the three months ended in Sep. 2024 was kr -7.0 Mil. Nordic Unmanned 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.

Nordic Unmanned ASA Interest Expense Historical Data

The historical data trend for Nordic Unmanned 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.

Nordic Unmanned ASA Interest Expense Chart

Nordic Unmanned ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.95 -0.94 -1.12 -9.21 -17.57

Nordic Unmanned ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.31 -12.06 -7.60 -6.61 -7.04

Nordic Unmanned 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-33.3 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 Unmanned ASA  (OSL:NUMND) 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 Unmanned ASA's Interest Expense for the three months ended in Sep. 2024 was kr-7.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr-3.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr114.9 Mil.

Nordic Unmanned ASA's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Nordic Unmanned 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.

Nordic Unmanned ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Nordic Unmanned ASA (OSL:NUMND) » Definitions » Interest Expense
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Traded in Other Exchanges
8VH0:Germany
Address
Radhusgata 3, Sandnes, NOR, 4306
Website
https://www.nordicunmanned.com
Nordic Unmanned ASA is a provider of drone systems and services. The products help in emissions monitoring, oil spill monitoring, logistics and robotization, defence and security, power line inspection, and insurance inspections. Also, the company provides software solutions, spare parts, and consulting services. The group's business segments are as follows; Flight Services, AirRobot, and DroneMatrix. Maximum revenue is generated from its Flight Services segment which is a technology-agnostic flight services operator providing time-critical actionable data to large corporate and governmental customers. Geographically, the company generates maximum revenue from Estonia and the rest from Spain, Great Britain, Germany, Norway, and other countries.

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