Reach Subsea ASA (OSL:REACH) Other Income (Expense) : kr-14 Mil (TTM As of Mar. 2024)

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What is Reach Subsea ASA Other Income (Expense)?

Reach Subsea ASA's other income expense for the Reach Subsea ASA's pretax income for the three months ended in Mar. 2024 was kr-16 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-14 Mil.

Reach Subsea ASA Other Income (Expense) Historical Data

The historical data trend for Reach Subsea ASA's Other Income (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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Reach Subsea ASA Other Income (Expense) Chart

Reach Subsea ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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-8.20

-8.09

1.69

7.13

18.53

Reach Subsea ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															17.06	-14.22	4.65	11.05	-15.67

Reach Subsea ASA Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (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-14 Mil.

Reach Subsea ASA (OSL:REACH) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Reach Subsea ASA (OSL:REACH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Reach Subsea ASA (OSL:REACH) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

REACHo:Sweden 4RS:Germany

Address

Møllervegen 6, Haugesund, NOR, 5525

Website

https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (OSL:REACH) Headlines

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