ANTCO Investment Group (NGM:ANTCO B) Interest Expense : kr-0.45 Mil (TTM As of Mar. 2024)

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What is ANTCO Investment Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ANTCO Investment Group's interest expense for the three months ended in Mar. 2024 was kr -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.45 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. ANTCO Investment Group's Operating Income for the three months ended in Mar. 2024 was kr -9.76 Mil. ANTCO Investment Group's Interest Expense for the three months ended in Mar. 2024 was kr -0.11 Mil. ANTCO Investment Group did not have earnings to cover the interest expense. 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.

ANTCO Investment Group Interest Expense Historical Data

The historical data trend for ANTCO Investment Group'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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ANTCO Investment Group Interest Expense Chart

ANTCO Investment Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.24

-0.45

ANTCO Investment Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-0.11	-0.11	-0.11	-0.11	-0.11

ANTCO Investment Group 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-0.45 Mil.

ANTCO Investment Group (NGM:ANTCO B) 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.

ANTCO Investment Group's Interest Expense for the three months ended in Mar. 2024 was kr-0.11 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-9.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

ANTCO Investment Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

ANTCO Investment Group did not have earnings to cover the interest expense.

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

ANTCO Investment Group (NGM:ANTCO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ANTCO Investment Group (NGM:ANTCO B) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Birger Jarlsgatan 21, Stockholm, SWE, 111 45

Website

https://www.antcoinvestmentgroup.com

ANTCO Investment Group is an investment company with a long-term partnership strategy to fuel growth. The company's well-balanced asset portfolio within high-growth sectors offers a diversified and attractive investment opportunity to every type of investor.

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