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WLHSF (Wilh. Wilhelmsen Holding ASA) Interest Expense : $-38 Mil (TTM As of Jun. 2024)


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What is Wilh. Wilhelmsen Holding ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wilh. Wilhelmsen Holding ASA's interest expense for the three months ended in Jun. 2024 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-38 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. Wilh. Wilhelmsen Holding ASA's Operating Income for the three months ended in Jun. 2024 was $ 30 Mil. Wilh. Wilhelmsen Holding ASA's Interest Expense for the three months ended in Jun. 2024 was $ -10 Mil. Wilh. Wilhelmsen Holding ASA's Interest Coverage for the quarter that ended in Jun. 2024 was 3.00. 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.

Wilh. Wilhelmsen Holding ASA Interest Expense Historical Data

The historical data trend for Wilh. Wilhelmsen Holding 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.

Wilh. Wilhelmsen Holding ASA Interest Expense Chart

Wilh. Wilhelmsen Holding ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.00 -28.00 -24.00 -28.00 -38.00

Wilh. Wilhelmsen Holding ASA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -9.00 -10.00 -9.00 -9.00 -10.00

Wilh. Wilhelmsen Holding 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38 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.

Wilh. Wilhelmsen Holding ASA  (OTCPK:WLHSF) 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.

Wilh. Wilhelmsen Holding ASA's Interest Expense for the three months ended in Jun. 2024 was $-10 Mil. Its Operating Income for the three months ended in Jun. 2024 was $30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $486 Mil.

Wilh. Wilhelmsen Holding ASA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*30/-10
=3.00

* 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.

Wilh. Wilhelmsen Holding ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wilh. Wilhelmsen Holding ASA (OTCPK:WLHSF) » Definitions » Interest Expense
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Address
Strandveien 20, Lysaker, NOR, NO-1366
Website
https://www.wilhelmsen.com
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA Headlines

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