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WPU Waste Plastic Upcycling AS (OSL:WPU) Interest Expense : kr-20.39 Mil (TTM As of Jun. 2024)


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What is WPU Waste Plastic Upcycling AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WPU Waste Plastic Upcycling AS's interest expense for the six months ended in Jun. 2024 was kr -10.99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-20.39 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. WPU Waste Plastic Upcycling AS's Operating Income for the six months ended in Jun. 2024 was kr -32.49 Mil. WPU Waste Plastic Upcycling AS's Interest Expense for the six months ended in Jun. 2024 was kr -10.99 Mil. WPU Waste Plastic Upcycling AS did not have earnings to cover the interest expense. 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.


WPU Waste Plastic Upcycling AS Interest Expense Historical Data

The historical data trend for WPU Waste Plastic Upcycling 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.

WPU Waste Plastic Upcycling AS Interest Expense Chart

WPU Waste Plastic Upcycling AS Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- -11.03 -14.43

WPU Waste Plastic Upcycling AS Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense -1.60 -9.41 -5.12 -9.39 -10.99

WPU Waste Plastic Upcycling 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-20.39 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.


WPU Waste Plastic Upcycling AS  (OSL:WPU) 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.

WPU Waste Plastic Upcycling AS's Interest Expense for the six months ended in Jun. 2024 was kr-10.99 Mil. Its Operating Income for the six months ended in Jun. 2024 was kr-32.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was kr31.05 Mil.

WPU Waste Plastic Upcycling AS's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

WPU Waste Plastic Upcycling AS did not have earnings to cover the interest expense.

* 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.


WPU Waste Plastic Upcycling AS Business Description

Traded in Other Exchanges
Address
Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540
WPU Waste Plastic Upcycling AS is engaged in the upcycling of plastics. It converts plastic waste to oil that turns into new products. Its technology is based on pyrolysis, which processes the plastic at high temperatures. With pyrolysis, plastics that are no longer suitable for mechanical recycling could be given new life.

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