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Micro Systemation AB (LTS:0FBM) Interest Expense : kr-2.3 Mil (TTM As of Mar. 2024)


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What is Micro Systemation AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Micro Systemation AB's interest expense for the three months ended in Mar. 2024 was kr -1.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-2.3 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. Micro Systemation AB's Operating Income for the three months ended in Mar. 2024 was kr -8.7 Mil. Micro Systemation AB's Interest Expense for the three months ended in Mar. 2024 was kr -1.3 Mil. Micro Systemation 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.


Micro Systemation AB Interest Expense Historical Data

The historical data trend for Micro Systemation 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.

* Premium members only.

Micro Systemation AB Interest Expense Chart

Micro Systemation AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.65 -0.50 -0.31 -0.02 -2.06

Micro Systemation AB 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 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 Premium Member Only Premium Member Only -1.10 -1.50 -1.40 1.94 -1.30

Micro Systemation 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 kr-2.3 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.


Micro Systemation AB  (LTS:0FBM) 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.

Micro Systemation AB's Interest Expense for the three months ended in Mar. 2024 was kr-1.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-8.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr31.5 Mil.

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

Micro Systemation AB did not have earnings to cover the interest expense.

* 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.


Micro Systemation AB (LTS:0FBM) Business Description

Traded in Other Exchanges
Address
Hornsbruksgatan 28, Stockholm, SWE, 117 34
Micro Systemation AB is engaged in product development, production and sales of solutions within the area of mobile digital forensics. It provides software product to extract, analyses and present data from digital devices, primarily mobile phones. The company has three main product families: XRY, XAMN and XEC. The products are used mainly by police, military and intelligence agencies world-wide and are effective tools for securing evidence. The company's major revenue is derived from EMEA & Latin America.

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