GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Qlife Holding AB (OSTO:QLIFE) » Definitions » Interest Expense

Qlife Holding AB (OSTO:QLIFE) Interest Expense : kr-6.74 Mil (TTM As of Sep. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Qlife Holding AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qlife Holding AB's interest expense for the three months ended in Sep. 2023 was kr -1.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-6.74 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. Qlife Holding AB's Operating Income for the three months ended in Sep. 2023 was kr -11.99 Mil. Qlife Holding AB's Interest Expense for the three months ended in Sep. 2023 was kr -1.00 Mil. Qlife Holding 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.


Qlife Holding AB Interest Expense Historical Data

The historical data trend for Qlife Holding 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.

Qlife Holding AB Interest Expense Chart

Qlife Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Expense
- -0.55 -2.34 -4.88

Qlife Holding AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2.15 -2.46 -1.16 -2.12 -1.00

Qlife Holding 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-6.74 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.


Qlife Holding AB  (OSTO:QLIFE) 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.

Qlife Holding AB's Interest Expense for the three months ended in Sep. 2023 was kr-1.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr-11.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr4.86 Mil.

Qlife Holding AB's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Qlife Holding AB did not have earnings to cover the interest expense.

* 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.


Qlife Holding AB (OSTO:QLIFE) Business Description

Traded in Other Exchanges
Address
Redaregatan 48, Helsingborg, SWE, SE-252 36
Qlife Holding AB is a medical device company that seeks to revolutionize the clinical biomarker testing of whole blood by taking it out of the lab and into the homes of the people who needs it. The Egoo Home System is an integrated platform consisting of a small home device and disposable capsules, each of which tests for a specific biomarker. It provides a digital infrastructure for sharing the data with the patient's doctor, clinic or hospital via smartphone and computer.

Qlife Holding AB (OSTO:QLIFE) Headlines

No Headlines