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Yara International ASA (OSL:YAR) Interest Expense : kr-2,724 Mil (TTM As of Sep. 2024)


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What is Yara International ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yara International ASA's interest expense for the three months ended in Sep. 2024 was kr -669 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-2,724 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. Yara International ASA's Operating Income for the three months ended in Sep. 2024 was kr 2,879 Mil. Yara International ASA's Interest Expense for the three months ended in Sep. 2024 was kr -669 Mil. Yara International ASA's Interest Coverage for the quarter that ended in Sep. 2024 was 4.30. 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.

Yara International ASA Interest Expense Historical Data

The historical data trend for Yara International 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.

Yara International ASA Interest Expense Chart

Yara International 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 -1,497.98 -1,218.99 -1,284.30 -2,282.30 -2,763.94

Yara International ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -718.56 -622.42 -753.46 -679.39 -669.22

Yara International 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2,724 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.

Yara International ASA  (OSL:YAR) 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.

Yara International ASA's Interest Expense for the three months ended in Sep. 2024 was kr-669 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr2,879 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr41,152 Mil.

Yara International ASA's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*2878.725/-669.224
=4.30

* 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.

Yara International ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Yara International ASA (OSL:YAR) » Definitions » Interest Expense
Comparable Companies
OSL:DSRT CTVA TSX:NTR SAU:2020 CF SZSE:000792 MOS MIC:PHOR MIC:AKRN FMC ADX:FERTIGLB XTAE:ICL NSE:PIIND BOM:590024 NSE:UPL SZSE:000408 CAI:MFPC SHSE:600096 IST:GUBRF AMM:JOPH
Traded in Other Exchanges
YRAIF:USA YARIY:USA YARo:Sweden YARo:UK 0O7D:UK IU2:Germany
Address
Drammensveien 131, Oslo, NOR, 0277
Website
https://www.yara.com
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

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