GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Selvaag Bolig ASA (OSL:SBO) » Definitions » Interest Expense

Selvaag Bolig ASA (OSL:SBO) Interest Expense : kr-9 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Selvaag Bolig ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Selvaag Bolig ASA's interest expense for the three months ended in Mar. 2024 was kr -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-9 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. Selvaag Bolig ASA's Operating Income for the three months ended in Mar. 2024 was kr 49 Mil. Selvaag Bolig ASA's Interest Expense for the three months ended in Mar. 2024 was kr -3 Mil. Selvaag Bolig ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 16.68. 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.


Selvaag Bolig ASA Interest Expense Historical Data

The historical data trend for Selvaag Bolig 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.

Selvaag Bolig ASA Interest Expense Chart

Selvaag Bolig ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.35 -9.53 -11.61 -11.90 -8.56

Selvaag Bolig ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.92 -3.31 -5.99 3.66 -2.92

Selvaag Bolig 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-9 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.


Selvaag Bolig ASA  (OSL:SBO) 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.

Selvaag Bolig ASA's Interest Expense for the three months ended in Mar. 2024 was kr-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr637 Mil.

Selvaag Bolig ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*48.744/-2.923
=16.68

* 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.


Selvaag Bolig ASA (OSL:SBO) Business Description

Traded in Other Exchanges
Address
Silurveien 2, Oslo, NOR, 0380
Selvaag Bolig ASA is a residential property developer. The company has several homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, and Trondheim. Some of its projects are The ski factory, Langhus 1405, Landas, Lorenskog Stasjonsby, and others.

Selvaag Bolig ASA (OSL:SBO) Headlines

No Headlines