Ratos AB (Ratos AB) Interest Expense : $-58 Mil (TTM As of Mar. 2024)

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What is Ratos AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ratos AB's interest expense for the three months ended in Mar. 2024 was $ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-58 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. Ratos AB's Operating Income for the three months ended in Mar. 2024 was $ 22 Mil. Ratos AB's Interest Expense for the three months ended in Mar. 2024 was $ -14 Mil. Ratos AB's Interest Coverage for the quarter that ended in Mar. 2024 was 1.55. 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.

Ratos AB Interest Expense Historical Data

The historical data trend for Ratos 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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Ratos AB Interest Expense Chart

Ratos AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-46.44

-48.31

-35.21

-37.68

-60.25

Ratos AB Quarterly Data
	Jun19	Sep19	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															-14.51	-14.49	-13.98	-15.21	-14.31

Ratos 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 $-58 Mil.

Ratos AB (OTCPK:RTOBF) 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.

Ratos AB's Interest Expense for the three months ended in Mar. 2024 was $-14 Mil. Its Operating Income for the three months ended in Mar. 2024 was $22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $904 Mil.

Ratos 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	*	22.187	/	-14.311
	=	1.55

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

Ratos AB (Ratos AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ratos AB (OTCPK:RTOBF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RATO B:Sweden RATO A:Sweden RATOBs:UK 0KBQ:UK RAZB:Germany

Address

Sturegatan 10, Box 511, Stockholm, SWE, SE-114 11

Website

https://www.ratos.com

Ratos AB is an investment company that owns and develops unlisted medium- and small-sized Nordic companies. Its portfolio has a concentration in construction, consumer goods/commerce and industrials. Traditionally, Ratos is the largest owner of its companies, and it seeks to influence the company's development. The company sets thresholds for minimum investment amounts and chooses not to invest in the early phases of a company's life cycle. Potential portfolio companies are traditionally headquartered in the Nordic region, but Ratos removes qualifications for portfolio company add-on acquisitions. Potential acquisitions are selected through either internal processes or with the help of investment banks and other advisors.

Ratos AB (Ratos AB) Headlines

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Q4 2023 Ratos AB Earnings Call Transcript

By GuruFocus Research • 02-13-2024