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Aquila Holdings ASA (OSL:AQUIL) Interest Expense : kr-3.39 Mil (TTM As of Mar. 2024)


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What is Aquila Holdings ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aquila Holdings ASA's interest expense for the three months ended in Mar. 2024 was kr -0.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-3.39 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. Aquila Holdings ASA's Operating Income for the three months ended in Mar. 2024 was kr -14.01 Mil. Aquila Holdings ASA's Interest Expense for the three months ended in Mar. 2024 was kr -0.62 Mil. Aquila Holdings 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.


Aquila Holdings ASA Interest Expense Historical Data

The historical data trend for Aquila Holdings 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.

Aquila Holdings ASA Interest Expense Chart

Aquila Holdings ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -18.02 -34.79 -15.53 -0.68 -3.02

Aquila Holdings 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 -0.27 -1.21 -0.15 -1.41 -0.62

Aquila Holdings 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 kr-3.39 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.


Aquila Holdings ASA  (OSL:AQUIL) 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.

Aquila Holdings ASA's Interest Expense for the three months ended in Mar. 2024 was kr-0.62 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-14.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

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

Aquila Holdings 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.


Aquila Holdings ASA (OSL:AQUIL) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, 0277
Aquila Holdings ASA is a Norwegian seismic multi-client and investment company. Aquila Holdings specializes in 3D ocean bottom node seismic multi-client data for near-field exploration. The company holds two key seismic multi-client assets, one in Norway and one in Egypt. It also has an investment arm, with focus on investments in listed companies as well as companies expected to be listed.

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