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Samhallsbyggnadsbolaget i Norden AB (CHIX:SBBBS) Interest Expense : kr-1,386 Mil (TTM As of Dec. 2024)


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What is Samhallsbyggnadsbolaget i Norden AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Samhallsbyggnadsbolaget i Norden AB's interest expense for the three months ended in Dec. 2024 was kr -366 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-1,386 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. Samhallsbyggnadsbolaget i Norden AB's Operating Income for the three months ended in Dec. 2024 was kr 309 Mil. Samhallsbyggnadsbolaget i Norden AB's Interest Expense for the three months ended in Dec. 2024 was kr -366 Mil. Samhallsbyggnadsbolaget i Norden AB's Interest Coverage for the quarter that ended in Dec. 2024 was 0.84. 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.


Samhallsbyggnadsbolaget i Norden AB Interest Expense Historical Data

The historical data trend for Samhallsbyggnadsbolaget i Norden 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.

* Premium members only.

Samhallsbyggnadsbolaget i Norden AB Interest Expense Chart

Samhallsbyggnadsbolaget i Norden AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -836.00 -282.00 -924.00 -1,798.00 -1,731.00

Samhallsbyggnadsbolaget i Norden AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -430.00 -421.00 -309.00 -290.00 -366.00

Samhallsbyggnadsbolaget i Norden 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1,386 Mil.

* 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.


Samhallsbyggnadsbolaget i Norden AB  (CHIX:SBBBs) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Samhallsbyggnadsbolaget i Norden AB's Interest Expense for the three months ended in Dec. 2024 was kr-366 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr309 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr48,703 Mil.

Samhallsbyggnadsbolaget i Norden AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*309/-366
=0.84

* 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.

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. Samhallsbyggnadsbolaget i Norden AB interest coverage is 1.01, which is low.


Samhallsbyggnadsbolaget i Norden AB Business Description

Address
Strandvagen 1, Stockholm, SWE, 114 51
Samhallsbyggnadsbolaget i Norden AB owns residential and public buildings throughout Sweden and its basic concept are to own and manage the long-term. Its business segments include: Residential segment comprises apartments in apartment buildings but also includes townhouses; Community segment comprises schools, elderly care units, LSS units and properties where municipal and governmental agencies/authorities conduct its business.; and Education segment comprises preschools, compulsory/upper-secondary schools and universities.

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