Nordic Paper Holding AB (OSTO:NPAPER) Interest Expense : kr-80 Mil (TTM As of Mar. 2024)

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What is Nordic Paper Holding AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordic Paper Holding AB's interest expense for the three months ended in Mar. 2024 was kr -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-80 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. Nordic Paper Holding AB's Operating Income for the three months ended in Mar. 2024 was kr 194 Mil. Nordic Paper Holding AB's Interest Expense for the three months ended in Mar. 2024 was kr -17 Mil. Nordic Paper Holding AB's Interest Coverage for the quarter that ended in Mar. 2024 was 11.41. 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.

Nordic Paper Holding AB Interest Expense Historical Data

The historical data trend for Nordic Paper Holding AB'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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Nordic Paper Holding AB Interest Expense Chart

Nordic Paper Holding AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.00

-9.00

-26.00

-46.00

-75.00

Nordic Paper Holding AB Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-16.00	-19.00	-24.00	-20.00	-17.00

Nordic Paper Holding AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-80 Mil.

Nordic Paper Holding AB (OSTO:NPAPER) 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.

Nordic Paper Holding AB's Interest Expense for the three months ended in Mar. 2024 was kr-17 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr194 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr962 Mil.

Nordic Paper Holding AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	194	/	-17
	=	11.41

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

Nordic Paper Holding AB (OSTO:NPAPER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nordic Paper Holding AB (OSTO:NPAPER) » Definitions » Interest Expense

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Traded in Other Exchanges

0ABK:UK

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.nordic-paper.com

Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

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