GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Atlantic Sapphire ASA (OSTO:ASAo) » Definitions » Interest Expense

Atlanticpphire ASA (OSTO:ASAO) Interest Expense : kr-45.8 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Atlanticpphire ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlanticpphire ASA's interest expense for the six months ended in Jun. 2024 was kr -51.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-45.8 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. Atlanticpphire ASA's Operating Income for the six months ended in Jun. 2024 was kr -509.0 Mil. Atlanticpphire ASA's Interest Expense for the six months ended in Jun. 2024 was kr -51.1 Mil. Atlanticpphire ASA 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.


Atlanticpphire ASA Interest Expense Historical Data

The historical data trend for Atlanticpphire 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.

Atlanticpphire ASA Interest Expense Chart

Atlanticpphire ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.48 -1.26 -23.58 -39.57 -51.96

Atlanticpphire ASA Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -26.86 -12.35 -58.53 5.23 -51.07

Atlanticpphire 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-45.8 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.


Atlanticpphire ASA  (OSTO:ASAo) 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.

Atlanticpphire ASA's Interest Expense for the six months ended in Jun. 2024 was kr-51.1 Mil. Its Operating Income for the six months ended in Jun. 2024 was kr-509.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was kr417.9 Mil.

Atlanticpphire ASA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Atlanticpphire ASA 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.


Atlanticpphire ASA Business Description

Traded in Other Exchanges
Address
22275 SW 272nd Street, Homestead, FL, USA, 33031
Atlantic Sapphire ASA is engaged in fish farming activities locally to transform protein production globally. The group owns and operates land-based Atlantic salmon farms in Denmark and Homestead in the United States. Its brand portfolio includes Bluehouse Salmon and Sapphire salmon. Its geographical segments are the United States, Denmark, the Netherlands, and Other countries.

Atlanticpphire ASA Headlines

No Headlines