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Solstad Offshore ASA (OSL:SOFF) Interest Expense : kr-1,142 Mil (TTM As of Dec. 2024)


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What is Solstad Offshore ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solstad Offshore ASA's interest expense for the three months ended in Dec. 2024 was kr 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,142 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. Solstad Offshore ASA's Operating Income for the three months ended in Dec. 2024 was kr 0 Mil. Solstad Offshore ASA's Interest Expense for the three months ended in Dec. 2024 was kr 0 Mil. GuruFocus does not calculate Solstad Offshore ASA's interest coverage with the available data. 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.


Solstad Offshore ASA Interest Expense Historical Data

The historical data trend for Solstad Offshore 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.

Solstad Offshore ASA Interest Expense Chart

Solstad Offshore 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 -1,437.62 -1,003.54 -1,063.23 -1,683.32 -569.89

Solstad Offshore ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -363.51 -466.15 -189.97 -122.78 -

Solstad Offshore 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-1,142 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.


Solstad Offshore ASA  (OSL:SOFF) 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.

Solstad Offshore ASA's Interest Expense for the three months ended in Dec. 2024 was kr0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr4,037 Mil.

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

GuruFocus does not calculate Solstad Offshore ASA's interest coverage with the available data.

* 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.


Solstad Offshore ASA Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; CSV: Construction support vessels operating subsea construction contracts, Services: Additional services across vessel spreads i.e. ROVs, tooling, project personnel, engineering support. Other: Other income and costs not allocated to the three segments. Key revenue is generated from South America.

Solstad Offshore ASA Headlines

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