Aega ASA (LTS:0Q4W) Interest Expense : kr-17.02 Mil (TTM As of Mar. 2024)

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What is Aega ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aega ASA's interest expense for the three months ended in Mar. 2024 was kr -6.23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-17.02 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. Aega ASA's Operating Income for the three months ended in Mar. 2024 was kr -1.40 Mil. Aega ASA's Interest Expense for the three months ended in Mar. 2024 was kr -6.23 Mil. Aega 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.

Aega ASA Interest Expense Historical Data

The historical data trend for Aega 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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Aega ASA Interest Expense Chart

Aega ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.08

-0.70

-2.51

-6.11

-9.55

Aega ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.97	-7.70	-3.09	-	-6.23

Aega 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-17.02 Mil.

Aega ASA (LTS:0Q4W) 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.

Aega ASA's Interest Expense for the three months ended in Mar. 2024 was kr-6.23 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-1.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr130.76 Mil.

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

Aega ASA did not have earnings to cover the interest expense.

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

Aega ASA (LTS:0Q4W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Aega ASA (LTS:0Q4W) » Definitions » Interest Expense

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AEGA:Norway

Address

Thunes vei 2, Oslo, NOR, 0274

Website

https://www.aega.no

Aega ASA is a company, which is focused on the renewable energy sector. It is active as a solar utility company that acquires and operates solar power plants. The firm has its operating offices in Oslo, Norway, and Trento, Italy. It owns a portfolio of several individual solar parks in the Umbria, Lazio, Abruzzo, Emilia-Romagna, and Lombardia regions in Italy.

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