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Icelandiclmon AS (OSL:ISLAX) Interest Expense : kr-41 Mil (TTM As of Dec. 2023)


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What is Icelandiclmon AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Icelandiclmon AS's interest expense for the six months ended in Dec. 2023 was kr -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-41 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. Icelandiclmon AS's Operating Income for the six months ended in Dec. 2023 was kr -19 Mil. Icelandiclmon AS's Interest Expense for the six months ended in Dec. 2023 was kr -28 Mil. Icelandiclmon AS 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.


Icelandiclmon AS Interest Expense Historical Data

The historical data trend for Icelandiclmon AS'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.

Icelandiclmon AS Interest Expense Chart

Icelandiclmon AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -30.74 -25.96 -19.98 -20.04 -41.05

Icelandiclmon AS Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -10.45 -10.62 -9.25 -13.15 -28.12

Icelandiclmon AS 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-41 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.


Icelandiclmon AS  (OSL:ISLAX) 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.

Icelandiclmon AS's Interest Expense for the six months ended in Dec. 2023 was kr-28 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr-19 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr682 Mil.

Icelandiclmon AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Icelandiclmon AS 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.


Icelandiclmon AS (OSL:ISLAX) Business Description

Traded in Other Exchanges
Address
Industriveien 51, Kverva, NOR, 7266
Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing, and sale of high-quality Icelandic salmon. Geographically, it derives a majority of revenue from Europe excluding Norway.

Icelandiclmon AS (OSL:ISLAX) Headlines

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