Gapwaves AB (FRA:GW3) Interest Expense : €-0.20 Mil (TTM As of Dec. 2024)

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What is Gapwaves AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gapwaves AB's interest expense for the three months ended in Dec. 2024 was € -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-0.20 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. Gapwaves AB's Operating Income for the three months ended in Dec. 2024 was € -0.83 Mil. Gapwaves AB's Interest Expense for the three months ended in Dec. 2024 was € -0.03 Mil. Gapwaves 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.

Gapwaves AB Interest Expense Historical Data

The historical data trend for Gapwaves 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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Gapwaves AB Interest Expense Chart

Gapwaves AB Annual Data

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Interest Expense

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-0.01

Gapwaves 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															-0.01	-0.01	-0.10	-0.06	-0.03

Gapwaves 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 €-0.20 Mil.

Gapwaves AB (FRA:GW3) 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.

Gapwaves AB's Interest Expense for the three months ended in Dec. 2024 was €-0.03 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-0.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €0.00 Mil.

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

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

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

Gapwaves AB Business Description

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GAPW B:Sweden

Address

Nellickevagen 22, Goteborg, SWE, SE- 412 63

Website

http://www.gapwaves.com

Gapwaves AB provides products and services for wireless communication through the patented GAP waveguide technology, it will automotive and telecom to create efficient mm-wave antenna systems that contribute to re-defining everyday life. It focuses currently on two markets; waveguide antennas for radar and wireless communication. It has a geographic presence in Sweden, the EU, and the rest of the world.

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