AcadeMedia AB (LTS:0RHN) Interest Expense : kr-616 Mil (TTM As of Mar. 2024)

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What is AcadeMedia AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AcadeMedia AB's interest expense for the three months ended in Mar. 2024 was kr -170 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-616 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. AcadeMedia AB's Operating Income for the three months ended in Mar. 2024 was kr 432 Mil. AcadeMedia AB's Interest Expense for the three months ended in Mar. 2024 was kr -170 Mil. AcadeMedia AB's Interest Coverage for the quarter that ended in Mar. 2024 was 2.54. 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.

AcadeMedia AB Interest Expense Historical Data

The historical data trend for AcadeMedia 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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AcadeMedia AB Interest Expense Chart

AcadeMedia AB Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-58.00

-413.00

-400.00

-436.00

-534.00

AcadeMedia 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															-142.00	-142.00	-149.00	-155.00	-170.00

AcadeMedia 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-616 Mil.

AcadeMedia AB (LTS:0RHN) 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.

AcadeMedia AB's Interest Expense for the three months ended in Mar. 2024 was kr-170 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr432 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr11,428 Mil.

AcadeMedia 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	*	432	/	-170
	=	2.54

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

AcadeMedia AB (LTS:0RHN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » AcadeMedia AB (LTS:0RHN) » Definitions » Interest Expense

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ACAD:Sweden V8T:Germany

Address

Adolf Fredriks Kyrkogata 2, P.O. Box 213, Stockholm, SWE, SE-101 24

Website

http://www.academedia.se

AcadeMedia AB is an education and consultancy provider in Northern Europe operating preschools, compulsory schools, and upper secondary schools in Sweden and Norway, as well as adult education units in Sweden. The company's operating segment includes Preschool, Compulsory School, Upper Secondary School, Adult Education, and others. It generates maximum revenue from the Upper Secondary School segment. Upper Secondary School segment brands include Praktiska, Drottning Blanka, NTI, LBS, ProCivitas, and Rytmus. Geographically, it derives a majority of its revenue from Sweden.

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