Borregaard ASA (OSTO:BRGO) Interest Expense : kr-201 Mil (TTM As of Sep. 2024)

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What is Borregaard ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borregaard ASA's interest expense for the three months ended in Sep. 2024 was kr -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-201 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. Borregaard ASA's Operating Income for the three months ended in Sep. 2024 was kr 385 Mil. Borregaard ASA's Interest Expense for the three months ended in Sep. 2024 was kr -40 Mil. Borregaard ASA's Interest Coverage for the quarter that ended in Sep. 2024 was 9.63. 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.

Borregaard ASA Interest Expense Historical Data

The historical data trend for Borregaard 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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Borregaard ASA Interest Expense Chart

Borregaard ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-77.00

-79.00

-62.00

-88.00

-171.00

Borregaard ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-37.00	-70.00	-39.00	-52.00	-40.00

Borregaard 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-201 Mil.

Borregaard ASA (OSTO:BRGO) 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.

Borregaard ASA's Interest Expense for the three months ended in Sep. 2024 was kr-40 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr385 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr1,938 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	385	/	-40
	=	9.63

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

Borregaard ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borregaard ASA (OSTO:BRGO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BRG:Norway BRGo:UK 0QB7:UK BO4:Germany

Address

Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701

Website

https://www.borregaard.com

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.