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Fabege AB (LTS:0XPX) Interest Expense : kr-1,005 Mil (TTM As of Mar. 2024)


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What is Fabege AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fabege AB's interest expense for the three months ended in Mar. 2024 was kr -240 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1,005 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. Fabege AB's Operating Income for the three months ended in Mar. 2024 was kr 580 Mil. Fabege AB's Interest Expense for the three months ended in Mar. 2024 was kr -240 Mil. Fabege AB's Interest Coverage for the quarter that ended in Mar. 2024 was 2.42. 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.


Fabege AB Interest Expense Historical Data

The historical data trend for Fabege 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.

Fabege AB Interest Expense Chart

Fabege 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 -472.00 -478.00 -515.00 -628.00 -986.00

Fabege 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 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 -221.00 -239.00 -265.00 -261.00 -240.00

Fabege 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-1,005 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.


Fabege AB  (LTS:0XPX) 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.

Fabege AB's Interest Expense for the three months ended in Mar. 2024 was kr-240 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr580 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr34,528 Mil.

Fabege 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*580/-240
=2.42

* 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.


Fabege AB (LTS:0XPX) Business Description

Traded in Other Exchanges
Address
Gardsvagen 6, Box 730, Solna, Stockholm, SWE, SE-169 27
Fabege AB is a real estate company that focuses on commercial properties. Fabege works to develop modern offices, housing, and a broad range of services with strategic partners. The company reports three core segments: Property management, which rents properties to long-term tenants; Property development, which improves and redesigns properties according to tenant requirements; and Business Development/Transactions, which includes the acquisition and sale of properties. The majority is from the Property Management segment. Fabege generates all its revenue in Stockholm, Solna, and surrounding areas in Sweden.

Fabege AB (LTS:0XPX) Headlines

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