Castellum AB (Castellum AB) Interest Expense : $-202.0 Mil (TTM As of Dec. 2023)

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What is Castellum AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Castellum AB's interest expense for the three months ended in Dec. 2023 was $ -51.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-202.0 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. Castellum AB's Operating Income for the three months ended in Dec. 2023 was $ 144.4 Mil. Castellum AB's Interest Expense for the three months ended in Dec. 2023 was $ -51.9 Mil. Castellum AB's Interest Coverage for the quarter that ended in Dec. 2023 was 2.78. 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.

Castellum AB Interest Expense Historical Data

The historical data trend for Castellum 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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Castellum AB Interest Expense Chart

Castellum AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-82.91

-94.70

-93.18

-143.77

-210.09

Castellum AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-43.07	-53.36	-53.49	-43.30	-51.86

Castellum 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-202.0 Mil.

Castellum AB (OTCPK:CWQXF) 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.

Castellum AB's Interest Expense for the three months ended in Dec. 2023 was $-51.9 Mil. Its Operating Income for the three months ended in Dec. 2023 was $144.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $5,710.4 Mil.

Castellum AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	144.381	/	-51.864
	=	2.78

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Castellum AB interest coverage is 2.84, which is low.

Castellum AB (Castellum AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Castellum AB (OTCPK:CWQXF) » Definitions » Interest Expense

Traded in Other Exchanges

CAST:Sweden CAST:Mexico CASTs:UK 0GT1:UK TEX:Germany

Address

Ostra Hamngatan 16, Gothenburg, SWE, 403 14

Website

https://www.castellum.se

Castellum is a general real estate company. The company operates through its real estate rental segment that develops and rents properties in Sweden and Denmark. Castellum focuses on office, retail, industrial, and residential properties while also providing management services. The company invests in new construction, extensions, reconstructions, and acquisitions. Castellum's operational strategy is focused on cash flow growth and low financial risk, while its portfolio development is geared toward increasing density and quality.