Karnov Group AB (FRA:3UA) Interest Expense : €-17.2 Mil (TTM As of Dec. 2024)

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What is Karnov Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Karnov Group AB's interest expense for the three months ended in Dec. 2024 was € -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-17.2 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. Karnov Group AB's Operating Income for the three months ended in Dec. 2024 was € 3.8 Mil. Karnov Group AB's Interest Expense for the three months ended in Dec. 2024 was € -5.1 Mil. Karnov Group AB's Interest Coverage for the quarter that ended in Dec. 2024 was 0.74. 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.

Karnov Group AB Interest Expense Historical Data

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

Karnov Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2.16

-1.72

-2.74

-13.07

-14.09

Karnov Group 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															-2.95	-6.34	-2.34	-3.40	-5.13

Karnov 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-17.2 Mil.

Karnov Group AB (FRA:3UA) 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.

Karnov Group AB's Interest Expense for the three months ended in Dec. 2024 was €-5.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was €3.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €235.0 Mil.

Karnov Group 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	*	3.79	/	-5.129
	=	0.74

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. Karnov Group ABs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Karnov Group AB Business Description

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KAR:Sweden 0A39:UK

Address

Warfvinges vag 39, Stockholm, SWE, 112 51

Website

https://www.karnovgroup.com

Karnov Group AB is a provider of mission-critical information in the areas of legal, tax and auditing, environment, and health and safety. Karnov's products include subscription-based online solutions for law firms, tax and accounting firms, corporates, and the public sector including, courts, universities, public authorities, and municipalities. Karnov also publishes and sells offline books and journals and hosts legal training courses. Its brands are Karnov, Norstedts Juridik, Notisum, Legal Cross Border, Forlaget Andersen, LEXNordics and DIBkunnskap. Geographically, it derives a majority of its revenue from Denmark and also has a presence in Sweden, Norway, France, Spain, and Portugal.

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