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AQ Group AB (LTS:0RLO) Interest Expense : kr-32 Mil (TTM As of Sep. 2024)


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What is AQ Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AQ Group AB's interest expense for the three months ended in Sep. 2024 was kr -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-32 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. AQ Group AB's Operating Income for the three months ended in Sep. 2024 was kr 188 Mil. AQ Group AB's Interest Expense for the three months ended in Sep. 2024 was kr -11 Mil. AQ Group AB's Interest Coverage for the quarter that ended in Sep. 2024 was 17.09. 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.

AQ Group AB Interest Expense Historical Data

The historical data trend for AQ Group 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.

AQ Group AB Interest Expense Chart

AQ Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.16 -19.00 -18.00 -25.00 -45.00

AQ Group AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.00 -14.00 -3.00 -4.00 -11.00

AQ Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-32 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.

AQ Group AB  (LTS:0RLO) 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.

AQ Group AB's Interest Expense for the three months ended in Sep. 2024 was kr-11 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr188 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr591 Mil.

AQ Group AB's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*188/-11
=17.09

* 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.

AQ Group AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AQ Group AB (LTS:0RLO) » Definitions » Interest Expense
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Traded in Other Exchanges
AQ:Sweden AQs:UK 7AQ0:Germany
Address
Regattagatan 29, Vasteras, SWE, 723 48
Website
https://www.aqg.se
AQ Group AB is a supplier of manufacturing and assembling tool-bound sheet metal and thermoplastic parts to demanding industrial customers. The company's business consists of the System and Component segments. The System segment includes Electric Cabinets and System Products business areas. The Component segment encompasses business areas of Precision stamping and Injection Molding, Inductive Components, Wiring Systems, Sheet Metal Processing as well as Special Technologies and Engineering. Majority of the revenue is derived from Component segment. It operates around the globe with majority revenue from Sweden.

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