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CodeMill AB (OSTO:CDMIL) Interest Expense : kr-0.35 Mil (TTM As of Mar. 2024)


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What is CodeMill AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CodeMill AB's interest expense for the three months ended in Mar. 2024 was kr -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.35 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. CodeMill AB's Operating Income for the three months ended in Mar. 2024 was kr 3.76 Mil. CodeMill AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.13 Mil. CodeMill AB's Interest Coverage for the quarter that ended in Mar. 2024 was 29.11. 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.


CodeMill AB Interest Expense Historical Data

The historical data trend for CodeMill 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.

CodeMill AB Interest Expense Chart

CodeMill AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.47 -0.68 -0.65 -0.49 -0.54

CodeMill AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.09 -0.18 -0.10 -0.12 -0.13

CodeMill 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-0.35 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.


CodeMill AB  (OSTO:CDMIL) 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.

CodeMill AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.13 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr3.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr2.43 Mil.

CodeMill 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*3.755/-0.129
=29.11

* 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.


CodeMill AB (OSTO:CDMIL) Business Description

Traded in Other Exchanges
N/A
Address
Sodra Ersmarksgatan 7, Umea, SWE, 903 36
CodeMill AB is a technology company that offers software development and technical services for video and media companies. Codemill's customers are several of the major Hollywood players including ViacomCBS, TV companies such as BBC, ITV and ProSieben.Sat1, VOD / OTT platforms such as Joyn, as well as publishers and brands such as The Guardian.

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