Spiffbet AB (FRA:2AK) Interest Expense : €-0.02 Mil (TTM As of Sep. 2024)

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What is Spiffbet AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Spiffbet AB's interest expense for the three months ended in Sep. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.02 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. Spiffbet AB's Operating Income for the three months ended in Sep. 2024 was € -0.62 Mil. Spiffbet AB's Interest Expense for the three months ended in Sep. 2024 was € 0.00 Mil. Spiffbet AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Spiffbet AB Interest Expense Historical Data

The historical data trend for Spiffbet 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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Spiffbet AB Interest Expense Chart

Spiffbet AB Annual Data

Trend

Jun14

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Dec23

Interest Expense

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-0.21

-0.04

-0.02

Spiffbet AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-	-0.02	-	-	-

Spiffbet 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.02 Mil.

Spiffbet AB (FRA:2AK) 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.

Spiffbet AB's Interest Expense for the three months ended in Sep. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was €-0.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €0.00 Mil.

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

Spiffbet AB had no long-term debt ⁽¹⁾.

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

Spiffbet AB Business Description

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SPIFF:Sweden

Address

Karlavagen 60 5 tr, Stockholm, SWE, 11449

Website

http://www.spiffbet.se

Spiffbet AB is engaged in the development and supply of mobile-based hybrid games. The company has two product areas including casino games marketed under the Spiffbet Casino brand, and Take5 hybrid games marketed under the Spiffbet Games brand.

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