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Xavi Solutionnode AB (NGM:XAVI B) Interest Expense : kr-0.47 Mil (TTM As of Dec. 2023)


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What is Xavi Solutionnode AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xavi Solutionnode AB's interest expense for the three months ended in Dec. 2023 was kr -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-0.47 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. Xavi Solutionnode AB's Operating Income for the three months ended in Dec. 2023 was kr 0.98 Mil. Xavi Solutionnode AB's Interest Expense for the three months ended in Dec. 2023 was kr -0.11 Mil. Xavi Solutionnode AB's Interest Coverage for the quarter that ended in Dec. 2023 was 9.33. 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.


Xavi Solutionnode AB Interest Expense Historical Data

The historical data trend for Xavi Solutionnode 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.

Xavi Solutionnode AB Interest Expense Chart

Xavi Solutionnode AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.25 -1.35 -2.20 -1.26 -0.47

Xavi Solutionnode AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.09 -0.09 -0.15 -0.13 -0.11

Xavi Solutionnode 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 quarterly data reported by the company within the most recent 12 months, which was kr-0.47 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.


Xavi Solutionnode AB  (NGM:XAVI B) 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.

Xavi Solutionnode AB's Interest Expense for the three months ended in Dec. 2023 was kr-0.11 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr0.98 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr1.54 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.98/-0.105
=9.33

* 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.


Xavi Solutionnode AB (NGM:XAVI B) Business Description

Traded in Other Exchanges
N/A
Address
Industrigatan 17, Harnosand, SWE, 856 53
Xavi Solutionnode AB is active in the information technology (IT) sector. The purpose of the group is mainly to invest in information technology. The business consists of several business segments that are operated through different brands such as Frontwalker and Tavana. Within the group, resource and competence reinforcement is offered within all phases of the system development process, comprehensive commitments regarding the development and management of large customer-specific IT systems and for staffing IT support.

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