Kid ASA (FRA:97Q) Interest Expense : €-7.1 Mil (TTM As of Mar. 2024)

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What is Kid ASA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kid ASA's interest expense for the three months ended in Mar. 2024 was € -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-7.1 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. Kid ASA's Operating Income for the three months ended in Mar. 2024 was € 0.8 Mil. Kid ASA's Interest Expense for the three months ended in Mar. 2024 was € -2.1 Mil. Kid ASA's Interest Coverage for the quarter that ended in Mar. 2024 was 0.39. 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.

Kid ASA Interest Expense Historical Data

The historical data trend for Kid 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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Kid ASA Interest Expense Chart

Kid ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.73

-4.84

-4.20

-4.46

-6.74

Kid 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															-1.83	-1.82	-2.09	-1.02	-2.15

Kid 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 €-7.1 Mil.

Kid ASA (FRA:97Q) 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.

Kid ASA's Interest Expense for the three months ended in Mar. 2024 was €-2.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was €0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €118.9 Mil.

Kid ASA'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	*	0.827	/	-2.148
	=	0.39

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

Kid ASA (FRA:97Q) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kid ASA (FRA:97Q) » Definitions » Interest Expense

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KIDo:Sweden KID:Norway

Address

Gilhusveien 1, Gullaug, NOR, N-3426

Website

https://www.kid.no/en

Kid ASA is a home textile retailer in Norway. The company offers a full range of home and interior products which includes textiles, curtains, bed linens and other interior products. It sells its products through its own stores as well as through an online sales platform under the brand of Dekosol and Nordun. Traditional products of the company account for a majority of its revenue and the remaining part gets covered by trend line products. The majority of its revenue comes from Norway region stores.

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