Humble Group AB (STU:B39) Interest Expense : €-21.4 Mil (TTM As of Mar. 2024)

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What is Humble Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Humble Group AB's interest expense for the three months ended in Mar. 2024 was € -5.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-21.4 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. Humble Group AB's Operating Income for the three months ended in Mar. 2024 was € 7.6 Mil. Humble Group AB's Interest Expense for the three months ended in Mar. 2024 was € -5.2 Mil. Humble Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 1.46. 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.

Humble Group AB Interest Expense Historical Data

The historical data trend for Humble Group 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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Humble Group AB Interest Expense Chart

Humble Group AB Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.01

-0.10

-9.15

-21.56

-24.23

Humble Group 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															-7.13	-7.20	-6.09	-2.95	-5.21

Humble Group 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 €-21.4 Mil.

Humble Group AB (STU:B39) 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.

Humble Group AB's Interest Expense for the three months ended in Mar. 2024 was €-5.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €7.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €129.5 Mil.

Humble Group 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	*	7.599	/	-5.214
	=	1.46

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

Humble Group AB (STU:B39) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Humble Group AB (STU:B39) » Definitions » Interest Expense

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Traded in Other Exchanges

HUMBLE:Sweden B39:Germany

Address

Nytorgsgatan 17A, Stockholm, SWE, 116 22

Website

https://www.humblegroup.se

Humble Group AB is a Swedish foodtech and FMCG group. Humble targets the foodtech, eco, sustainability and vegan segments to drive organic growth and acquisitions in the various business units: brands, distribution, manufacturing and ingredients, and R&D. Its technical solutions facilitate new formulations and recipes that improve the taste and consistency of the next generation of sugar-reduced, sustainable, and vegan products.

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