Dividend Sweden AB (NGM:DIV B) Interest Expense : kr Mil (TTM As of Dec. 2023)

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What is Dividend Sweden AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dividend Sweden AB's interest expense for the three months ended in Dec. 2023 was kr -1.90 Mil. Dividend Sweden AB does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Dividend Sweden AB's Operating Income for the three months ended in Dec. 2023 was kr -3.30 Mil. Dividend Sweden AB's Interest Expense for the three months ended in Dec. 2023 was kr -1.90 Mil. Dividend Sweden 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.

Dividend Sweden AB Interest Expense Historical Data

The historical data trend for Dividend Sweden 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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Dividend Sweden AB Interest Expense Chart

Dividend Sweden AB Annual Data

Trend

Interest Expense

Dividend Sweden AB Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-	-	-0.90	-0.20	-1.90

Dividend Sweden AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Dividend Sweden AB (NGM:DIV B) 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.

Dividend Sweden AB's Interest Expense for the three months ended in Dec. 2023 was kr-1.90 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-3.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr0.00 Mil.

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

Dividend Sweden AB did not have earnings to cover the interest expense.

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

Dividend Sweden AB (NGM:DIV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Dividend Sweden AB (NGM:DIV B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 29, Stockholm, SWE, 111 56

Website

https://www.dividendsweden.se

Dividend Sweden AB offers financial advisory services. It invests in other smaller, listed companies and assists with services related to financing solutions, in order to thereby create both short-term and long-term high and stable returns for its shareholders via dividends.

Dividend Sweden AB (NGM:DIV B) Headlines

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