Mertiva AB (LTS:0GSH) Interest Expense : kr-0.03 Mil (TTM As of Jun. 2020)

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What is Mertiva AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mertiva AB's interest expense for the six months ended in Jun. 2020 was kr -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2020 was kr-0.03 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. Mertiva AB's Operating Income for the six months ended in Jun. 2020 was kr 18.60 Mil. Mertiva AB's Interest Expense for the six months ended in Jun. 2020 was kr -0.03 Mil. Mertiva AB's Interest Coverage for the quarter that ended in Jun. 2020 was 599.94. 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.

Mertiva AB Interest Expense Historical Data

The historical data trend for Mertiva 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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Mertiva AB Interest Expense Chart

Mertiva AB Annual Data

Trend

Aug09

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Dec19

Interest Expense

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-0.01

-1.10

Mertiva AB Semi-Annual Data
	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Interest Expense	Get a 7-Day Free Trial															-1.10	-	-1.11	-	-0.03

Mertiva 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 Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-0.03 Mil.

Mertiva AB (LTS:0GSH) 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.

Mertiva AB's Interest Expense for the six months ended in Jun. 2020 was kr-0.03 Mil. Its Operating Income for the six months ended in Jun. 2020 was kr18.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2020 was kr0.00 Mil.

Mertiva AB's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2020 )	/	Interest Expense (Q: Jun. 2020 )
	=	-1	*	18.598	/	-0.031
	=	599.94

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

Good Sign:

Ben Graham prefers companies interest coverage is at least 5. Mertiva AB has enough cash to cover all of its debt. Its financial situation is stable.

Mertiva AB (LTS:0GSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mertiva AB (LTS:0GSH) » Definitions » Interest Expense

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Address

EdsviksvÃ¤gen 89, Danderyd, Stockholm, SWE, 182 35

Website

http://www.mertiva.se

Mertiva AB is a Swedish investment company. The company focuses on investments it estimates that the relationship between expected return and risk is attractive.

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