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Norse Atlantic ASA (OSL:NORSE) Debt-to-Revenue : 3.07 (As of Mar. 2024)


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What is Norse Atlantic ASA Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Norse Atlantic ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr809 Mil. Norse Atlantic ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr9,375 Mil. Norse Atlantic ASA's annualized Revenue for the quarter that ended in Mar. 2024 was kr3,321 Mil. Norse Atlantic ASA's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.07.


Norse Atlantic ASA Debt-to-Revenue Historical Data

The historical data trend for Norse Atlantic ASA's Debt-to-Revenue 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.

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Norse Atlantic ASA Debt-to-Revenue Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Revenue
N/A 9.22 2.22

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 6.05 2.43 1.18 2.57 3.07

Competitive Comparison of Norse Atlantic ASA's Debt-to-Revenue

For the Airlines subindustry, Norse Atlantic ASA's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norse Atlantic ASA's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Norse Atlantic ASA's Debt-to-Revenue falls into.



Norse Atlantic ASA Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Norse Atlantic ASA's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(756.181 + 9517.11) / 4635.797
=2.22

Norse Atlantic ASA's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(809.427 + 9375.111) / 3321.204
=3.07

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Norse Atlantic ASA Debt-to-Revenue Related Terms

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Norse Atlantic ASA (OSL:NORSE) Business Description

Traded in Other Exchanges
Address
Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

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