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Hurtigruten ASA (OSL:HRG) Interest Expense : kr-211 Mil (TTM As of Sep. 2014)


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What is Hurtigruten ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hurtigruten ASA's interest expense for the three months ended in Sep. 2014 was kr -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was kr-211 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. Hurtigruten ASA's Operating Income for the three months ended in Sep. 2014 was kr 310 Mil. Hurtigruten ASA's Interest Expense for the three months ended in Sep. 2014 was kr -39 Mil. Hurtigruten ASA's Interest Coverage for the quarter that ended in Sep. 2014 was 8.05. 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.


Hurtigruten ASA Interest Expense Historical Data

The historical data trend for Hurtigruten 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.

Hurtigruten ASA Interest Expense Chart

Hurtigruten ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -316.70 -279.40 -267.57 -220.59 -231.09

Hurtigruten ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -56.11 -55.08 -54.04 -63.48 -38.52

Hurtigruten 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-211 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.


Hurtigruten ASA  (OSL:HRG) 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.

Hurtigruten ASA's Interest Expense for the three months ended in Sep. 2014 was kr-39 Mil. Its Operating Income for the three months ended in Sep. 2014 was kr310 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was kr2,267 Mil.

Hurtigruten ASA's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2014 )/Interest Expense (Q: Sep. 2014 )
=-1*309.978/-38.521
=8.05

* 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.


Hurtigruten ASA (OSL:HRG) Business Description

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Hurtigruten AS is engaged in the transport & tourism activities in Norway & abroad. Its business consists of Hurtigruten service along the Norwegian coast, with daily calls in 34 ports between Bergen and Kirkenes & explorer activity in the Polar region.

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