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Lindab International AB (LTS:0MWK) Interest Expense : kr-201 Mil (TTM As of Mar. 2024)


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What is Lindab International AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lindab International AB's interest expense for the three months ended in Mar. 2024 was kr -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-201 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. Lindab International AB's Operating Income for the three months ended in Mar. 2024 was kr 225 Mil. Lindab International AB's Interest Expense for the three months ended in Mar. 2024 was kr -56 Mil. Lindab International AB's Interest Coverage for the quarter that ended in Mar. 2024 was 4.02. 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.

Lindab International AB Interest Expense Historical Data

The historical data trend for Lindab International 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.

Lindab International AB Interest Expense Chart

Lindab International 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 -50.00 -40.00 -39.00 -82.00 -180.00

Lindab International 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 -35.00 -43.00 -47.00 -55.00 -56.00

Lindab International 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-201 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.

Lindab International AB  (LTS:0MWK) 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.

Lindab International AB's Interest Expense for the three months ended in Mar. 2024 was kr-56 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr225 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr4,477 Mil.

Lindab International AB'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*225/-56
=4.02

* 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.

Lindab International AB (LTS:0MWK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lindab International AB (LTS:0MWK) » Definitions » Interest Expense
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Traded in Other Exchanges
LIAB:Sweden LIABs:UK L5E:Germany
Address
Stalhogavagen 115, Bastad, SWE, SE-269 82
Website
https://www.lindabgroup.com
Lindab International AB provides products and system solutions that are used to simplify the construction of properties and improve the indoor climate. The company operates through two segments namely Ventilation Systems and Profile Systems. Ventilation Systems offers air duct systems with accessories and indoor climate solutions for ventilation, cooling, and heating to installers and other customers in the ventilation industry. Profile Systems offers the construction industry products and systems in sheet metal for rainwater systems, roof, and wall products as well as steel profiles for wall, roof, and beam constructions. The majority of revenue is from the Ventilation segment. Geographically, the majority is from Sweden.

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