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Arise AB (LTS:0MFA) Interest Expense : kr-75.0 Mil (TTM As of Dec. 2024)


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What is Arise AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arise AB's interest expense for the three months ended in Dec. 2024 was kr -20.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-75.0 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. Arise AB's Operating Income for the three months ended in Dec. 2024 was kr 26.0 Mil. Arise AB's Interest Expense for the three months ended in Dec. 2024 was kr -20.0 Mil. Arise AB's Interest Coverage for the quarter that ended in Dec. 2024 was 1.30. 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.


Arise AB Interest Expense Historical Data

The historical data trend for Arise 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.

* Premium members only.

Arise AB Interest Expense Chart

Arise AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.00 -17.00 -29.00 -63.00 -73.00

Arise 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -16.00 -16.00 -19.00 -20.00 -20.00

Arise 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 kr-75.0 Mil.

* 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.


Arise AB  (LTS:0MFA) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Arise AB's Interest Expense for the three months ended in Dec. 2024 was kr-20.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr26.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr646.0 Mil.

Arise 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*26/-20
=1.30

* 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.

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


Arise AB Business Description

Traded in Other Exchanges
Address
Kristian IV: s vag 3, Box 808, Halmstad, SWE, 302 50
Arise AB is an onshore wind power company. The company operates its business in two segments: Own Wind Power Operations and Development & Management. The Own wind power operations comprise 10 wind farms totaling 139 MW in southern Sweden and is engaged in the production and sale of electricity and electricity certificates. The Development and Management segment includes project development, construction, and sales of projects for renewable electricity production and management.

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