Wastbygg Gruppen AB (OSTO:WBGR B) Interest Expense : kr-80 Mil (TTM As of Mar. 2024)

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What is Wastbygg Gruppen AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wastbygg Gruppen AB's interest expense for the three months ended in Mar. 2024 was kr -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-80 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. Wastbygg Gruppen AB's Operating Income for the three months ended in Mar. 2024 was kr -47 Mil. Wastbygg Gruppen AB's Interest Expense for the three months ended in Mar. 2024 was kr -18 Mil. Wastbygg Gruppen 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.

Wastbygg Gruppen AB Interest Expense Historical Data

The historical data trend for Wastbygg Gruppen 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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Wastbygg Gruppen AB Interest Expense Chart

Wastbygg Gruppen AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.00

-5.00

-12.00

-39.00

-74.00

Wastbygg Gruppen AB Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-11.00	-26.00	-24.00	-12.00	-18.00

Wastbygg Gruppen 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-80 Mil.

Wastbygg Gruppen AB (OSTO:WBGR 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.

Wastbygg Gruppen AB's Interest Expense for the three months ended in Mar. 2024 was kr-18 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr132 Mil.

Wastbygg Gruppen AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Wastbygg Gruppen AB did not have earnings to cover the interest expense.

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

Wastbygg Gruppen AB (OSTO:WBGR B) Business Description

Industry

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Address

Sofierogatan 3B, Goteborg, SWE, 412 51

Website

https://www.wastbygg.se

Wastbygg Gruppen AB is a construction and project development company in Sweden. The company builds and develops homes, commercial buildings, community service properties, logistics and industrial facilities. Its segments include Residential, Commercial and Logistics and Industry. It builds apartment buildings for external clients, both municipal and private. It also develops and builds its own housing projects.

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