Cardeon AB (NGM:CARDEO) Interest Expense : kr-1.89 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Cardeon AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cardeon AB's interest expense for the six months ended in Dec. 2023 was kr -1.18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-1.89 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. Cardeon AB's Operating Income for the six months ended in Dec. 2023 was kr -57.67 Mil. Cardeon AB's Interest Expense for the six months ended in Dec. 2023 was kr -1.18 Mil. Cardeon 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.

Cardeon AB Interest Expense Historical Data

The historical data trend for Cardeon 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.

Cardeon AB Interest Expense Chart

Cardeon AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.31

-0.63

-0.07

-1.89

Cardeon AB Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial								0.08	-	-	-0.71	-1.18

Cardeon 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-1.89 Mil.

Cardeon AB (NGM:CARDEO) 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.

Cardeon AB's Interest Expense for the six months ended in Dec. 2023 was kr-1.18 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr-57.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr0.00 Mil.

Cardeon AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Cardeon AB did not have earnings to cover the interest expense.

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

Cardeon AB (NGM:CARDEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cardeon AB (NGM:CARDEO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gasverksgatan 3, Lund, SWE, SE-222 29

Website

https://www.cardeon.se

Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.

Cardeon AB (NGM:CARDEO) Headlines

No Headlines