Nel Interest Expense from 2010 to 2026

D7G Stock  EUR 0.18  0.01  5.26%   
Nel ASA's Interest Expense is increasing over the last several years with slightly volatile swings. Interest Expense is estimated to finish at about 19.9 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2018-06-30
Previous Quarter
20.5 M
Current Value
M
Quarterly Volatility
23.8 M
 
Covid
 
Interest Hikes
Check Nel ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nel ASA's main balance sheet or income statement drivers, such as Interest Expense of 19.9 M, Selling General Administrative of 109.1 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.15 or PTB Ratio of 0.78. Nel financial statements analysis is a perfect complement when working with Nel ASA Valuation or Volatility modules.
  
This module can also supplement various Nel ASA Technical models . Check out the analysis of Nel ASA Correlation against competitors.
The Interest Expense trend for Nel ASA offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Nel ASA is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Nel ASA's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Nel ASA over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Nel ASA's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nel ASA's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Nel Interest Expense Regression Statistics

Arithmetic Mean5,603,586
Geometric Mean0.00
Coefficient Of Variation133.71
Mean Deviation6,280,356
Median704,000
Standard Deviation7,492,491
Sample Variance56.1T
Range19.9M
R-Value0.88
Mean Square Error13T
R-Squared0.78
Slope1,312,636
Total Sum of Squares898.2T

Nel Interest Expense History

202619.9 M
202519 M
202416.5 M
202314.9 M
202211.2 M
2021M
20204.4 M

About Nel ASA Financial Statements

Nel ASA stakeholders use historical fundamental indicators, such as Nel ASA's Interest Expense, to determine how well the company is positioned to perform in the future. Although Nel ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nel ASA's assets and liabilities are reflected in the revenues and expenses on Nel ASA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nel ASA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense19 M19.9 M

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Other Information on Investing in Nel Stock

Nel ASA financial ratios help investors to determine whether Nel Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nel with respect to the benefits of owning Nel ASA security.