Hafnia (OSTO:HAFNIAO) Interest Expense : kr-564 Mil (TTM As of Dec. 2024)

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What is Hafnia Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hafnia's interest expense for the three months ended in Dec. 2024 was kr -153 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-564 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. Hafnia's Operating Income for the three months ended in Dec. 2024 was kr 883 Mil. Hafnia's Interest Expense for the three months ended in Dec. 2024 was kr -153 Mil. Hafnia's Interest Coverage for the quarter that ended in Dec. 2024 was 5.76. 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.

Hafnia Interest Expense Historical Data

The historical data trend for Hafnia'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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Hafnia Interest Expense Chart

Hafnia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-408.76

-350.30

-900.02

-816.37

-587.67

Hafnia 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															-37.98	-167.96	-140.28	-102.91	-153.10

Hafnia 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 kr-564 Mil.

Hafnia (OSTO:HAFNIAo) 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.

Hafnia's Interest Expense for the three months ended in Dec. 2024 was kr-153 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr883 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr8,819 Mil.

Hafnia'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	*	882.563	/	-153.102
	=	5.76

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

Hafnia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hafnia Ltd (OSTO:HAFNIAo) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

HAFN:USA HAFNI:Norway HAFNIo:UK RE0:Germany RE0:Germany

Address

c/o Hafnia SG Pte Ltd, 10 Pasir Panjang Road, No.18-01 Mapletree Business City, Singapore, SGP, 117438

Website

https://hafnia.com

Hafnia Ltd is one of the tanker owners, transporting oil, oil products and chemicals for national and international oil companies, chemical companies, as well as trading and utility companies. As owners and operators of around 200 vessels, It offers a fully integrated shipping platform, including technical management, commercial and chartering services, pool management, and a large-scale bunker procurement desk.

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