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ArcticZymes Technologies ASA (OSTO:BIOTECO) Interest Expense : kr0.0 Mil (TTM As of Dec. 2024)


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What is ArcticZymes Technologies ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ArcticZymes Technologies ASA's interest expense for the three months ended in Dec. 2024 was kr 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr0.0 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. ArcticZymes Technologies ASA's Operating Income for the three months ended in Dec. 2024 was kr 0.5 Mil. ArcticZymes Technologies ASA's Interest Expense for the three months ended in Dec. 2024 was kr 0.0 Mil. GuruFocus does not calculate ArcticZymes Technologies ASA's interest coverage with the available data. 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.


ArcticZymes Technologies ASA Interest Expense Historical Data

The historical data trend for ArcticZymes Technologies 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.

ArcticZymes Technologies ASA Interest Expense Chart

ArcticZymes Technologies 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 -0.63 -0.69 -0.68 -0.50 -0.35

ArcticZymes Technologies 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 - - - - -

ArcticZymes Technologies 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 kr0.0 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.


ArcticZymes Technologies ASA  (OSTO:BIOTECO) 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.

ArcticZymes Technologies ASA's Interest Expense for the three months ended in Dec. 2024 was kr0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr0.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr4.4 Mil.

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

GuruFocus does not calculate ArcticZymes Technologies ASA's interest coverage with the available data.

* 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. ArcticZymes Technologies ASA has enough cash to cover all of its debt. Its financial situation is stable.


ArcticZymes Technologies ASA Business Description

Traded in Other Exchanges
Address
Sykehusveien 23, Tromso, NOR, 9294
ArcticZymes Technologies ASA is a biotechnology company. The company is engaged in developing, producing, and marketing immune-modulating beta-glucans and novel recombinant enzymes. The company's products include Woulgan wound gel, Feed Ingredient (M-Glucan), Nutraceuticals (M-Gard), Recombinant enzymes, and others. The company reports in two operating segments, Enzymes and Corporate. Geographically, it derives a majority of revenue from the USA followed by Lithuania, Germany, Italy, France, and other countries.

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