Eitzen Chemical ASA (OSTO:ECHEMO) Interest Expense : kr-118 Mil (TTM As of Jun. 2020)

Eitzen Chemical ASA Interest Expense Chart

Eitzen Chemical ASA Annual Data
	Trend	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
Interest Expense		Get a 7-Day Free Trial					-128.58	-51.37	-49.95	-88.99	-140.68

Eitzen Chemical ASA Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Interest Expense	Get a 7-Day Free Trial															-35.66	-35.63	-30.76	-27.22	-24.36

Eitzen Chemical 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-118 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.

Eitzen Chemical ASA  (OSTO:ECHEMO) 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.

Eitzen Chemical ASA's Interest Expense for the three months ended in Jun. 2020 was kr-24 Mil. Its Operating Income for the three months ended in Jun. 2020 was kr88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2020 was kr1,222 Mil.

Eitzen Chemical ASA's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Team Tankers International Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Eitzen Chemical ASA (OSTO:ECHEMO) Business Description