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Norsk Titanium AS (STU:84F) Interest Expense : €-0.26 Mil (TTM As of Dec. 2024)


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What is Norsk Titanium AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norsk Titanium AS's interest expense for the six months ended in Dec. 2024 was € 0.33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-0.26 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. Norsk Titanium AS's Operating Income for the six months ended in Dec. 2024 was € -12.92 Mil. Norsk Titanium AS's Interest Expense for the six months ended in Dec. 2024 was € 0.33 Mil. Norsk Titanium AS 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.

Norsk Titanium AS Interest Expense Historical Data

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Interest Expense Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.64 -0.21 -0.31 -0.13 -0.28

Norsk Titanium AS Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 -0.11 -0.02 -0.59 0.33

Norsk Titanium AS 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.26 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.

Norsk Titanium AS  (STU:84F) 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.

Norsk Titanium AS's Interest Expense for the six months ended in Dec. 2024 was €0.33 Mil. Its Operating Income for the six months ended in Dec. 2024 was €-12.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €1.11 Mil.

Norsk Titanium AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.

Norsk Titanium AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (STU:84F) » Definitions » Interest Expense
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OSL:PHLY GE RTX XPAR:AIR BA XPAR:SAF LMT LSE:RR. TDG NOC GD XTER:RHM LSE:BA. XPAR:HO HWM AXON LHX BOM:541154 HEI.A MIL:LDO
Traded in Other Exchanges
NORSF:USA NTI:Norway
Address
Flyplassveien 20, Honefoss, NOR, 3514
Website
https://www.norsktitanium.com
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

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