GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » OXE Marine AB (OSTO:OXE) » Definitions » Interest Expense

OXE Marine AB (OSTO:OXE) Interest Expense : kr-18.0 Mil (TTM As of Dec. 2024)


View and export this data going back to 2017. Start your Free Trial

What is OXE Marine AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OXE Marine AB's interest expense for the three months ended in Dec. 2024 was kr -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-18.0 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. OXE Marine AB's Operating Income for the three months ended in Dec. 2024 was kr -24.4 Mil. OXE Marine AB's Interest Expense for the three months ended in Dec. 2024 was kr -5.9 Mil. OXE Marine AB did not have earnings to cover the interest expense. 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.


OXE Marine AB Interest Expense Historical Data

The historical data trend for OXE Marine 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.

* Premium members only.

OXE Marine AB Interest Expense Chart

OXE Marine AB 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 -8.38 -9.57 -19.96 -10.41 -12.07

OXE Marine AB 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 1.27 -7.45 -2.90 -1.74 -5.87

OXE Marine 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-18.0 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.


OXE Marine AB  (OSTO:OXE) 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.

OXE Marine AB's Interest Expense for the three months ended in Dec. 2024 was kr-5.9 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr-24.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr45.9 Mil.

OXE Marine AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

OXE Marine AB did not have earnings to cover the interest expense.

* 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.


OXE Marine AB Business Description

Traded in Other Exchanges
Address
Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72
OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are some factors.

OXE Marine AB Headlines

No Headlines