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XXL ASA (XXL ASA) Interest Expense : $-15.3 Mil (TTM As of Mar. 2024)


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What is XXL ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. XXL ASA's interest expense for the three months ended in Mar. 2024 was $ -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.3 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. XXL ASA's Operating Income for the three months ended in Mar. 2024 was $ -17.7 Mil. XXL ASA's Interest Expense for the three months ended in Mar. 2024 was $ -2.0 Mil. XXL ASA 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.

XXL ASA Interest Expense Historical Data

The historical data trend for XXL 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.

XXL ASA Interest Expense Chart

XXL 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 -18.62 -16.54 -11.91 -12.96 -18.11

XXL ASA Quarterly Data
Jun19 Sep19 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 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 -4.27 -5.74 -3.17 -4.36 -1.98

XXL 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.3 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.

XXL ASA  (OTCPK:XXLLY) 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.

XXL ASA's Interest Expense for the three months ended in Mar. 2024 was $-2.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-17.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $160.8 Mil.

XXL ASA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

XXL ASA 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.

XXL ASA (XXL ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » XXL ASA (OTCPK:XXLLY) » Definitions » Interest Expense
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OSL:REFL OSL:ELIMP OSL:HYN OSL:KID ORLY TSX:ATD AZO SHSE:601888 TSCO ULTA GPC BBY ADX:ADNOCDIST CASY FIVE WSM DKS MNSO MUSA BBWI
Traded in Other Exchanges
XXLo:Sweden XXL:Norway 0R3P:UK 2XX:Germany
Address
Stromsveien 245, Alna Center, Oslo, NOR, N-0668
Website
https://www.xxlasa.com
XXL ASA is a sports retailer operating in Norway, Sweden, and Finland. The company strategy is to offer the lowest prices and the broadest assortment of products with focus on branded goods. The products are organized into six product categories: shoes, sportwear, outdoor, ski/bike, hunting and sports, and health and fitness. The product categories provide equipment, casual wear, sportswear, shoes, sleeping bags, cooking equipment, firearms, binoculars, GPS equipment, knives, axes, backpacks, and maps for various sports, including water sports, football, golf, tennis, ski, snowboarding, and hunting. The brands offered are mainly well-known and international: Nike, Adidas, Puma, O'Neill, Scott, Umarex, Nikon, Atomic, Fischer, Rossignol, Oakley, and Commaster, among others.

XXL ASA (XXL ASA) Headlines

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