Medicover AB (LTS:0RPS) Interest Expense : kr-595 Mil (TTM As of Mar. 2024)

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What is Medicover AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medicover AB's interest expense for the three months ended in Mar. 2024 was kr -139 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-595 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. Medicover AB's Operating Income for the three months ended in Mar. 2024 was kr 215 Mil. Medicover AB's Interest Expense for the three months ended in Mar. 2024 was kr -139 Mil. Medicover AB's Interest Coverage for the quarter that ended in Mar. 2024 was 1.54. 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.

Medicover AB Interest Expense Historical Data

The historical data trend for Medicover 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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Medicover AB Interest Expense Chart

Medicover AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-143.58

-184.15

-206.44

-379.28

-574.96

Medicover 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															-133.48	-134.18	-159.71	-162.20	-139.20

Medicover 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-595 Mil.

Medicover AB (LTS:0RPS) 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.

Medicover AB's Interest Expense for the three months ended in Mar. 2024 was kr-139 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr215 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr9,372 Mil.

Medicover 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	*	215.016	/	-139.195
	=	1.54

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

Medicover AB (LTS:0RPS) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medicover AB (LTS:0RPS) » Definitions » Interest Expense

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MCVEF:USA MCOV B:Sweden

Address

Riddargatan 12A, P.O. Box 5283, Stockholm, SWE, SE-102 46

Website

https://www.medicover.com

Medicover AB is an international healthcare and diagnostic services, provider. It offers a broad spectrum of healthcare services via an extensive network of ambulatory clinics, hospitals, specialty-care facilities, and laboratories. The company offers its services through two segments; Diagnostic Services offer a broad range of laboratory testing in all clinical pathology areas in Germany, Romania, Poland, and Ukraine, and Healthcare Services offer high-quality care based on an Integrated Healthcare Model and Fee-For-Service in Poland, India, and Romania. It generates maximum revenue from the Healthcare Services segment. Geographically, it derives a majority of its revenue from Poland and also has a presence in Romania; Germany; Ukraine; India, and Other Countries.

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