GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkiStar AB (OSTO:SKIS B) » Definitions » Interest Expense

SkiStar AB (OSTO:SKIS B) Interest Expense : kr-107 Mil (TTM As of May. 2025)


View and export this data going back to 1994. Start your Free Trial

What is SkiStar AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SkiStar AB's interest expense for the three months ended in May. 2025 was kr -22 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2025 was kr-107 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. SkiStar AB's Operating Income for the three months ended in May. 2025 was kr 374 Mil. SkiStar AB's Interest Expense for the three months ended in May. 2025 was kr -22 Mil. SkiStar AB's Interest Coverage for the quarter that ended in May. 2025 was 17.11. 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.


SkiStar AB Interest Expense Historical Data

The historical data trend for SkiStar 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.

SkiStar AB Interest Expense Chart

SkiStar AB Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.82 -49.99 -73.56 -98.15 -123.34

SkiStar AB Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 -22.73 -33.86 -36.29 -14.93 -21.86

SkiStar 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 May. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-107 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.


SkiStar AB  (OSTO:SKIS B) 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.

SkiStar AB's Interest Expense for the three months ended in May. 2025 was kr-22 Mil. Its Operating Income for the three months ended in May. 2025 was kr374 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2025 was kr2,008 Mil.

SkiStar AB's Interest Coverage for the quarter that ended in May. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2025 )/Interest Expense (Q: May. 2025 )
=-1*374.018/-21.86
=17.11

* 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.


SkiStar AB Business Description

Traded in Other Exchanges
Address
Malung-Salen, Dalarna, Salen, SWE, 78091
SkiStar AB operates resorts in Scandinavia. The company manages and operates mountain ski resorts in Hemsedal and Trysil, Norway, as well as in Salen, Are, and Vemdalen, in Sweden. It has an online system where guests can book accommodations, ski passes, ski school lessons, and ski rentals. SkiStar operates its business in the following segments; Operation of Mountain Resorts; Property Development and Operation of Hotels. A majority of its revenue is generated from the Operation of Mountain Resorts segment which comprises the operation of ski resorts and the sale of all products and services in this area, such as SkiPass, accommodation, activities, skishop products, etc. The company also manages accommodation properties for hire and owns the land for development.

SkiStar AB Headlines

No Headlines