Oceanteam ASA (OSL:OTS) Interest Expense : kr0.00 Mil (TTM As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Oceanteam ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Oceanteam ASA's interest expense for the six months ended in Jun. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr0.00 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. Oceanteam ASA's Operating Income for the six months ended in Jun. 2024 was kr -6.44 Mil. Oceanteam ASA's Interest Expense for the six months ended in Jun. 2024 was kr 0.00 Mil. Oceanteam ASA has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Oceanteam ASA Interest Expense Historical Data

The historical data trend for Oceanteam 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.

Oceanteam ASA Interest Expense Chart

Oceanteam ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-17.71

-1.53

-1.95

-2.10

-0.10

Oceanteam ASA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-1.01	-1.08	-0.10	-	-

Oceanteam 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr0.00 Mil.

Oceanteam ASA (OSL:OTS) 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.

Oceanteam ASA's Interest Expense for the six months ended in Jun. 2024 was kr0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was kr-6.44 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was kr0.00 Mil.

Oceanteam ASA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Oceanteam ASA had no long-term debt ⁽¹⁾.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Oceanteam ASA has enough cash to cover all of its debt. Its financial situation is stable.

Oceanteam ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Oceanteam ASA (OSL:OTS) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Strandveien 15, Lysaker, Baerum, NOR, 1366

Website

https://www.oceanteam.nl

Oceanteam ASA is an investment platform for marine and offshore assets with a particular focus on the energy transition. The company operates in a single segment which is Oceanteam ASA which provides management services to Oceanteam group companies. It consists of revenue from management fee income.

Oceanteam ASA Headlines

No Headlines