Concentric AB (LTS:0P4X) Interest Expense : kr-54 Mil (TTM As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Concentric AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Concentric AB's interest expense for the three months ended in Mar. 2024 was kr -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-54 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. Concentric AB's Operating Income for the three months ended in Mar. 2024 was kr 118 Mil. Concentric AB's Interest Expense for the three months ended in Mar. 2024 was kr -13 Mil. Concentric AB's Interest Coverage for the quarter that ended in Mar. 2024 was 9.08. 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.

Concentric AB Interest Expense Historical Data

The historical data trend for Concentric 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.

Concentric AB Interest Expense Chart

Concentric AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.00

-8.00

-48.00

-63.00

Concentric AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-15.00	-19.00	-16.00	-6.00	-13.00

Concentric 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-54 Mil.

Concentric AB (LTS:0P4X) 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.

Concentric AB's Interest Expense for the three months ended in Mar. 2024 was kr-13 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr118 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr80 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	118	/	-13
	=	9.08

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

Concentric AB (LTS:0P4X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Concentric AB (LTS:0P4X) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

COIC:Sweden

Address

PO Box 5058, Stockholm, SWE, 102 42

Website

http://www.concentricab.com

Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

Concentric AB (LTS:0P4X) Headlines

No Headlines