GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » SalMar ASA (OSL:SALM) » Definitions » Interest Expense

SalMar ASA (OSL:SALM) Interest Expense : kr-1,259 Mil (TTM As of Dec. 2024)


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

What is SalMar ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SalMar ASA's interest expense for the three months ended in Dec. 2024 was kr -443 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,259 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. SalMar ASA's Operating Income for the three months ended in Dec. 2024 was kr 1,194 Mil. SalMar ASA's Interest Expense for the three months ended in Dec. 2024 was kr -443 Mil. SalMar ASA's Interest Coverage for the quarter that ended in Dec. 2024 was 2.70. 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.


SalMar ASA Interest Expense Historical Data

The historical data trend for SalMar 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.

SalMar ASA Interest Expense Chart

SalMar ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.85 -184.65 -364.25 -1,223.00 -1,258.00

SalMar ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -301.00 -246.19 -249.00 -321.00 -443.00

SalMar 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,259 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.


SalMar ASA  (OSL:SALM) 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.

SalMar ASA's Interest Expense for the three months ended in Dec. 2024 was kr-443 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr1,194 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr16,738 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1194/-443
=2.70

* 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.


SalMar ASA Business Description

Address
Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material.

SalMar ASA Headlines

From GuruFocus

Q3 2020 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2018 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2019 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Salem Podcast Network Signs Lara Trump

By Business Wire 01-08-2024

Q4 2022 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2023 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2021 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2019 Salem Media Group Inc Earnings Call Transcript

By GuruFocus Research 02-14-2024