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Masoval AS (OSL:MAS) Interest Expense : kr-171 Mil (TTM As of Mar. 2024)


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What is Masoval AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Masoval AS's interest expense for the three months ended in Mar. 2024 was kr -48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-171 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. Masoval AS's Operating Income for the three months ended in Mar. 2024 was kr 117 Mil. Masoval AS's Interest Expense for the three months ended in Mar. 2024 was kr -48 Mil. Masoval AS's Interest Coverage for the quarter that ended in Mar. 2024 was 2.44. 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.


Masoval AS Interest Expense Historical Data

The historical data trend for Masoval AS'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.

Masoval AS Interest Expense Chart

Masoval AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -16.14 -16.39 -26.83 -91.09 -151.66

Masoval AS Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.26 -44.06 -36.25 -42.48 -48.10

Masoval AS 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-171 Mil.

* 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.


Masoval AS  (OSL:MAS) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Masoval AS's Interest Expense for the three months ended in Mar. 2024 was kr-48 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr117 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr1,489 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*117.185/-48.097
=2.44

* 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.

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


Masoval AS (OSL:MAS) Business Description

Traded in Other Exchanges
Address
Nordfroyveien 413, Sistranda, NFK, 7260
Masoval AS owns, operates, and develops companies in the aquaculture industry, which contribute to positive ripple effects and value creation throughout the region. The Group is organized into business units based on its activities and has two operating segments: Farming and Sales and processing.

Masoval AS (OSL:MAS) Headlines