Mendus AB (CHIX:IMMUS) Interest Expense : kr-2.86 Mil (TTM As of Mar. 2024)

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What is Mendus AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mendus AB's interest expense for the three months ended in Mar. 2024 was kr -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-2.86 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. Mendus AB's Operating Income for the three months ended in Mar. 2024 was kr -35.32 Mil. Mendus AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.30 Mil. Mendus AB did not have earnings to cover the interest expense. 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.

Mendus AB Interest Expense Historical Data

The historical data trend for Mendus 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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Mendus AB Interest Expense Chart

Mendus AB Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-2.92

-3.22

-3.32

-5.26

-3.12

Mendus 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															-0.56	-1.42	-0.55	-0.59	-0.30

Mendus 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-2.86 Mil.

Mendus AB (CHIX:IMMUs) 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.

Mendus AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.30 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-35.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr21.56 Mil.

Mendus AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mendus AB did not have earnings to cover the interest expense.

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

Mendus AB (CHIX:IMMUS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Mendus AB (CHIX:IMMUs) » Definitions » Interest Expense

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IMMU:Sweden 1YG:Germany

Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 11153

Website

https://www.mendus.com

Mendus AB is a clinical-level biopharmaceutical company that focuses on the development of immunotherapies that address tumor recurrence and difficult-to-treat established tumors. Its operations consist of research and development for pharmaceuticals.

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