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Philly Shipyard ASA (OSTO:AKPSO) Interest Expense : kr0 Mil (TTM As of Dec. 2024)


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What is Philly Shipyard ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Philly Shipyard 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 kr0 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. Philly Shipyard ASA's Operating Income for the three months ended in Dec. 2024 was kr -2 Mil. Philly Shipyard ASA's Interest Expense for the three months ended in Dec. 2024 was kr 0 Mil. Philly Shipyard ASA has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Philly Shipyard ASA Interest Expense Historical Data

The historical data trend for Philly Shipyard 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.

Philly Shipyard ASA Interest Expense Chart

Philly Shipyard 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 -4.50 -1.60 -5.63 -0.48 -0.27

Philly Shipyard ASA 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 - - - - -

Philly Shipyard 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 kr0 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.


Philly Shipyard ASA  (OSTO:AKPSO) 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.

Philly Shipyard 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 kr-2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr0 Mil.

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

Philly Shipyard ASA had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Philly Shipyard ASA has enough cash to cover all of its debt. Its financial situation is stable.


Philly Shipyard ASA Business Description

Traded in Other Exchanges
Address
Vika Atrium, Munkedamsveien 45, Oslo, NOR, NO-0250
Philly Shipyard ASA operates as a commercial shipyard that constructs vessels for operation in the Jones Act market. It is engaged in delivering vessels and services under contract to customers.

Philly Shipyard ASA Headlines

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