Aker Solutions ASA (OSTO:AKSOO) Interest Expense : kr-453 Mil (TTM As of Dec. 2024)

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What is Aker Solutions ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aker Solutions ASA's interest expense for the six months ended in Dec. 2024 was kr -338 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-453 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. Aker Solutions ASA's Operating Income for the six months ended in Dec. 2024 was kr 968 Mil. Aker Solutions ASA's Interest Expense for the six months ended in Dec. 2024 was kr -338 Mil. Aker Solutions ASA's Interest Coverage for the quarter that ended in Dec. 2024 was 2.86. 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.

Aker Solutions ASA Interest Expense Historical Data

The historical data trend for Aker Solutions 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.

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Aker Solutions ASA Interest Expense Chart

Aker Solutions ASA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-504.00

-383.00

-290.00

-227.00

-39.00

Aker Solutions ASA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-104.00	-114.00	-113.00	-115.00	-338.00

Aker Solutions 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 semi-annually data reported by the company within the most recent 12 months, which was kr-453 Mil.

Aker Solutions ASA (OSTO:AKSOo) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aker Solutions ASA's Interest Expense for the six months ended in Dec. 2024 was kr-338 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr968 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr2,637 Mil.

Aker Solutions ASA'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	*	968	/	-338
	=	2.86

The higher the ratio, the stronger the company's financial strength is.

Aker Solutions ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker Solutions ASA (OSTO:AKSOo) » Definitions » Interest Expense

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Traded in Other Exchanges

AKRYY:USA AKRTF:USA AKSO:Norway AKSOo:UK 0QXP:UK 1AKA:Germany

Address

Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366

Website

https://www.akersolutions.com

Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions provides low carbon oil and gas solutions, and develops renewable solutions for customers around the world. Aker Solutions reports under the following reporting segments which are Renewables and Field Development includes Offshore wind power Green onshore Traditional oil and gas platforms Onshore facilities Decommissioning and marine operations Life Cycle segments involves Optimized field life solutions Decarbonization driven solutions Offshore and onshore facilities Life cycle offerings.

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