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Hoegh Autoliners ASA (OSTO:HAUTOO) Interest Expense : kr-284 Mil (TTM As of Sep. 2024)


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What is Hoegh Autoliners ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hoegh Autoliners ASA's interest expense for the three months ended in Sep. 2024 was kr -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-284 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. Hoegh Autoliners ASA's Operating Income for the three months ended in Sep. 2024 was kr 1,542 Mil. Hoegh Autoliners ASA's Interest Expense for the three months ended in Sep. 2024 was kr -68 Mil. Hoegh Autoliners ASA's Interest Coverage for the quarter that ended in Sep. 2024 was 22.82. 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.


Hoegh Autoliners ASA Interest Expense Historical Data

The historical data trend for Hoegh Autoliners 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.

Hoegh Autoliners ASA Interest Expense Chart

Hoegh Autoliners ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -606.43 -387.97 -296.25 -308.61 -351.71

Hoegh Autoliners ASA Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -83.99 -91.78 -62.28 -62.88 -67.55

Hoegh Autoliners 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-284 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.


Hoegh Autoliners ASA  (OSTO:HAUTOo) 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.

Hoegh Autoliners ASA's Interest Expense for the three months ended in Sep. 2024 was kr-68 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr1,542 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr5,623 Mil.

Hoegh Autoliners ASA's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1541.796/-67.549
=22.82

* 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.


Hoegh Autoliners ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 134, Oslo, NOR, N-0277
Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems combined with its local presence enable the company to cater for the specific needs of its customer. It offers deep sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The Group has two operating segments, Shipping services and Logistics services.

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