Boliden AB (Boliden AB) Interest Expense : $-85 Mil (TTM As of Mar. 2024)

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What is Boliden AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boliden AB's interest expense for the three months ended in Mar. 2024 was $ -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-85 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. Boliden AB's Operating Income for the three months ended in Mar. 2024 was $ 155 Mil. Boliden AB's Interest Expense for the three months ended in Mar. 2024 was $ -27 Mil. Boliden AB's Interest Coverage for the quarter that ended in Mar. 2024 was 5.81. 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.

Boliden AB Interest Expense Historical Data

The historical data trend for Boliden 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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Boliden AB Interest Expense Chart

Boliden AB Annual Data

Trend

Dec14

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Interest Expense

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-25.66

-27.38

-12.54

-30.64

-81.31

Boliden 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															-19.85	-22.29	-22.73	-13.16	-26.70

Boliden 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 $-85 Mil.

Boliden AB (OTCPK:BLIDF) 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.

Boliden AB's Interest Expense for the three months ended in Mar. 2024 was $-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was $155 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,104 Mil.

Boliden 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	*	155.216	/	-26.702
	=	5.81

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

Boliden AB (Boliden AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Boliden AB (OTCPK:BLIDF) » Definitions » Interest Expense

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Traded in Other Exchanges

BDNNY:USA BOL:Sweden BOLs:UK 0YAL:UK BWJ:Germany

Address

Klarabergsviadukten 90, P.O. Box 44, Stockholm, SWE, SE-101 20

Website

https://www.boliden.com

Boliden AB operates six mining areas and five smelters in Sweden, Norway, Finland, and Ireland. The company primarily processes zinc, copper, gold, lead, and silver and is engaged in exploration, mining, smelting, and metals recycling. The company has two operating segments: business area smelters and business area mines. The business area mines division comprises six mining areas: Aitik, the Boliden Area, and Garpenberg in Sweden; Kylylahti and Kevitsa in Finland; and the Tara mine in Ireland. It includes both underground mines and open-pit mines.