Surnadal Sparebank (OSL:SUSB) Interest Expense : kr-66.8 Mil (TTM As of Mar. 2021)

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What is Surnadal Sparebank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Surnadal Sparebank's interest expense for the three months ended in Mar. 2021 was kr -14.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was kr-66.8 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. Surnadal Sparebank's Operating Income for the three months ended in Mar. 2021 was kr Mil. Surnadal Sparebank's Interest Expense for the three months ended in Mar. 2021 was kr Mil. 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.

Surnadal Sparebank Interest Expense Historical Data

The historical data trend for Surnadal Sparebank'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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Surnadal Sparebank Interest Expense Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Interest Expense

-63.70

-74.95

-96.91

-79.06

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Interest Expense	Get a 7-Day Free Trial											-26.39	-21.46	-15.47	-15.75	-14.15

Surnadal Sparebank 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-66.8 Mil.

Surnadal Sparebank (OSL:SUSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Surnadal Sparebank (OSL:SUSB) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Bardshaugvegen 7, Surnadal, NOR, 6650

Website

https://www.bank.no

Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.