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Smartoptics Group AS (OSL:SMOP) Interest Expense : kr-3.3 Mil (TTM As of Dec. 2024)


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What is Smartoptics Group AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smartoptics Group AS's interest expense for the three months ended in Dec. 2024 was kr -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-3.3 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. Smartoptics Group AS's Operating Income for the three months ended in Dec. 2024 was kr 20.4 Mil. Smartoptics Group AS's Interest Expense for the three months ended in Dec. 2024 was kr -0.8 Mil. Smartoptics Group AS's Interest Coverage for the quarter that ended in Dec. 2024 was 27.19. 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.


Smartoptics Group AS Interest Expense Historical Data

The historical data trend for Smartoptics Group AS'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.

Smartoptics Group AS Interest Expense Chart

Smartoptics Group AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -1.70 -1.50 -2.26 -2.54 -3.48

Smartoptics Group AS 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 -0.83 -1.07 -0.73 -0.77 -0.75

Smartoptics Group AS 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-3.3 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.


Smartoptics Group AS  (OSL:SMOP) 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.

Smartoptics Group AS's Interest Expense for the three months ended in Dec. 2024 was kr-0.8 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr20.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr3.1 Mil.

Smartoptics Group AS'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*20.444/-0.752
=27.19

* 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.


Smartoptics Group AS Business Description

Traded in Other Exchanges
N/A
Address
Brynsalleen 2, Oslo, NOR, 0667
Smartoptics Group AS provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, Transponders and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independent of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package.

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