Norse Atlantic ASA (OSL:NORSE) Interest Expense : kr-368 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Norse Atlantic ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Norse Atlantic ASA's interest expense for the three months ended in Mar. 2024 was kr -97 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-368 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. Norse Atlantic ASA's Operating Income for the three months ended in Mar. 2024 was kr -567 Mil. Norse Atlantic ASA's Interest Expense for the three months ended in Mar. 2024 was kr -97 Mil. Norse Atlantic 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.

Norse Atlantic ASA Interest Expense Historical Data

The historical data trend for Norse Atlantic 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.

Norse Atlantic ASA Interest Expense Chart

Norse Atlantic ASA Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-232.68

-346.58

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial						-85.29	-96.84	-94.66	-79.18	-97.19

Norse Atlantic 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-368 Mil.

Norse Atlantic ASA (OSL:NORSE) 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.

Norse Atlantic ASA's Interest Expense for the three months ended in Mar. 2024 was kr-97 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-567 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr9,375 Mil.

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

Norse Atlantic ASA did not have earnings to cover the interest expense.

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

Norse Atlantic ASA (OSL:NORSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norse Atlantic ASA (OSL:NORSE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NRSAF:USA 9LG0:Germany

Address

Floyveien 14, Arendal, NOR, 4838

Website

https://www.flynorse.com

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

No Headlines