HydrogenPro ASA (OSL:HYPRO) Interest Expense : kr-4.7 Mil (TTM As of Mar. 2024)

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What is HydrogenPro ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. HydrogenPro ASA's interest expense for the three months ended in Mar. 2024 was kr -4.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-4.7 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. HydrogenPro ASA's Operating Income for the three months ended in Mar. 2024 was kr -62.9 Mil. HydrogenPro ASA's Interest Expense for the three months ended in Mar. 2024 was kr -4.8 Mil. HydrogenPro 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.

HydrogenPro ASA Interest Expense Historical Data

The historical data trend for HydrogenPro 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.

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HydrogenPro ASA Interest Expense Chart

HydrogenPro ASA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.86

-0.49

-0.05

-0.68

-1.10

HydrogenPro ASA Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-1.19	-5.83	-7.53	13.45	-4.81

HydrogenPro 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-4.7 Mil.

HydrogenPro ASA (OSL:HYPRO) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

HydrogenPro ASA's Interest Expense for the three months ended in Mar. 2024 was kr-4.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-62.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr13.1 Mil.

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

HydrogenPro ASA did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

HydrogenPro ASA (OSL:HYPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HydrogenPro ASA (OSL:HYPRO) » Definitions » Interest Expense

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HYPROO:Sweden R6Z:Germany

Address

Hydrovegen 6, Porsgrunn, NOR, 3933

Website

https://www.hydrogen-pro.com

HydrogenPro AS is engaged in the designing and supplying of customized hydrogen plants. The core product of the company is the Alkaline high-pressure electrolysers.

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