Observe Medical ASA (OSL:OBSRV) Interest Expense : kr-7.22 Mil (TTM As of Jun. 2023)

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What is Observe Medical ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Observe Medical ASA's interest expense for the three months ended in Jun. 2023 was kr -3.70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was kr-7.22 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. Observe Medical ASA's Operating Income for the three months ended in Jun. 2023 was kr -16.33 Mil. Observe Medical ASA's Interest Expense for the three months ended in Jun. 2023 was kr -3.70 Mil. Observe Medical 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.

Observe Medical ASA Interest Expense Historical Data

The historical data trend for Observe Medical 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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Observe Medical ASA Interest Expense Chart

Observe Medical ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.28

-2.53

-3.33

-3.82

-6.65

Observe Medical ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-3.84	5.12	-4.81	-3.70	-

Observe Medical 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-7.22 Mil.

Observe Medical ASA (OSL:OBSRV) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Observe Medical ASA's Interest Expense for the three months ended in Jun. 2023 was kr-3.70 Mil. Its Operating Income for the three months ended in Jun. 2023 was kr-16.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was kr1.28 Mil.

Observe Medical ASA's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Observe Medical ASA did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Observe Medical ASA (OSL:OBSRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Observe Medical ASA (OSL:OBSRV) » Definitions » Interest Expense

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OM5A:Germany

Address

Dronning Eufemias gate 16, Oslo, NOR, 0191

Website

https://www.observemedical.com

Observe Medical ASA through its subsidiaries develops medical technology products that benefit patients and healthcare professionals. It has developed the product Sippi which is an automatic and digital urine meter and the technology Sippcoat which prevents bacterial migration in closed collection systems.

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