Godsinlosen Nordic AB (FRA:83H) Interest Expense : €-0.05 Mil (TTM As of Mar. 2024)

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What is Godsinlosen Nordic AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Godsinlosen Nordic AB's interest expense for the three months ended in Mar. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.05 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. Godsinlosen Nordic AB's Operating Income for the three months ended in Mar. 2024 was € -0.50 Mil. Godsinlosen Nordic AB's Interest Expense for the three months ended in Mar. 2024 was € -0.01 Mil. Godsinlosen Nordic AB 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.

Godsinlosen Nordic AB Interest Expense Historical Data

The historical data trend for Godsinlosen Nordic AB'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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Godsinlosen Nordic AB Interest Expense Chart

Godsinlosen Nordic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.03

-0.04

-0.01

-0.04

Godsinlosen Nordic AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-	-0.01	-0.02	-0.01	-0.01

Godsinlosen Nordic AB 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 €-0.05 Mil.

Godsinlosen Nordic AB (FRA:83H) 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.

Godsinlosen Nordic AB's Interest Expense for the three months ended in Mar. 2024 was €-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

Godsinlosen Nordic AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Godsinlosen Nordic AB did not have earnings to cover the interest expense.

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

Godsinlosen Nordic AB (FRA:83H) Business Description

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GIAB:Sweden

Address

Handelsvagen 18, Staffanstorp, SWE, 245 22

Website

https://www.giabnordic.se

Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

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