Luxor A/S (LTS:0F5M) Interest Expense : kr-44.95 Mil (TTM As of Dec. 2023)

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What is Luxor A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luxor A/S's interest expense for the three months ended in Dec. 2023 was kr -7.82 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-44.95 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. Luxor A/S's Operating Income for the three months ended in Dec. 2023 was kr 20.50 Mil. Luxor A/S's Interest Expense for the three months ended in Dec. 2023 was kr -7.82 Mil. Luxor A/S's Interest Coverage for the quarter that ended in Dec. 2023 was 2.62. 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.

Luxor A/S Interest Expense Historical Data

The historical data trend for Luxor A/S'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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Luxor A/S Interest Expense Chart

Luxor A/S Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-3.06

-12.12

-11.79

-12.36

-25.31

Luxor A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.65	-7.50	-4.58	-25.05	-7.82

Luxor A/S 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-44.95 Mil.

Luxor A/S (LTS:0F5M) 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.

Luxor A/S's Interest Expense for the three months ended in Dec. 2023 was kr-7.82 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr20.50 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr89.87 Mil.

Luxor A/S's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	20.5	/	-7.817
	=	2.62

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. Luxor A/S interest coverage is 2.06, which is low.

Luxor A/S (LTS:0F5M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Luxor A/S (LTS:0F5M) » Definitions » Interest Expense

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LUXOR B:Denmark

Address

Frederiksborggade, 4th floor, Copenhagen, DNK, 1360

Website

http://www.luxor.dk

Luxor A/S is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

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