Aixia Group AB (XSAT:AIXIA B) Interest Expense : kr-0.4 Mil (TTM As of Mar. 2024)

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What is Aixia Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aixia Group AB's interest expense for the three months ended in Mar. 2024 was kr -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.4 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. Aixia Group AB's Operating Income for the three months ended in Mar. 2024 was kr 15.4 Mil. Aixia Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.2 Mil. Aixia Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 75.99. 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.

Aixia Group AB Interest Expense Historical Data

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

Aixia Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-0.17

-0.15

-0.21

-0.26

Aixia Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.07	-0.09	-0.09	-0.10	-0.20

Aixia 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 kr-0.4 Mil.

Aixia Group AB (XSAT:AIXIA 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.

Aixia Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr15.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr10.1 Mil.

Aixia 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	*	15.426	/	-0.203
	=	75.99

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

Aixia Group AB (XSAT:AIXIA B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Aixia Group AB (XSAT:AIXIA B) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Taljegårdsgatan 11, Mölndal, SWE, 43153

Website

https://www.aixia.se

Aixia Group AB is an IT company. It conducted operations in the construction and development of IT, which includes, among other things, AI/Deep Learning platforms, data centers, security, management, hosting, network & communication and backup/DR. The company delivers products, solutions and expertise in, among other things, the following business areas; AI solutions and services, Enterprise IT infrastructure, IT operation and hosting, IT products/solutions and currently has around 120 customers distributed across the country within a wide range of different industries.

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