Tomra Systems ASA

Oslo Stock Exchange TOM.OL

Tomra Systems ASA Interest Coverage Ratio for the year ending December 31, 2023: 137.87

Tomra Systems ASA Interest Coverage Ratio is 137.87 for the year ending December 31, 2023, a 596.97% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Tomra Systems ASA Interest Coverage Ratio for the year ending December 31, 2022 was 19.78, a -31.04% change year over year.
Tomra Systems ASA Interest Coverage Ratio for the year ending December 31, 2021 was 28.68, a 35.88% change year over year.
Tomra Systems ASA Interest Coverage Ratio for the year ending December 31, 2020 was 21.11, a 6.88% change year over year.
Tomra Systems ASA Interest Coverage Ratio for the year ending December 31, 2019 was 19.75, a -47.89% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Oslo Stock Exchange: TOM.OL

Tomra Systems ASA

CEO	Ms. Tove Andersen
IPO Date	Jan. 3, 2000
Location	Norway
Headquarters	Drengsrudhagen 2
Employees	5,400
Sector	Materials
Industries Metals Containers & Packaging Copper Food & Beverages Frozen Foods Mining Non-Alcoholic Beverages Waste Management

Description

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The Recycling Mining division offers sorting systems for waste and metal material streams; and ore sorting systems for the mining industry. The Food Solutions division provides post-harvest grading and sorting solutions for fresh produce; and sorting and processing technology for the processed food industries. The company was founded in 1972 and is headquartered in Asker, Norway.

Key trends

Past 5 years