Avsalt Group AB (NGM:AVSALT) Interest Expense : kr0.00 Mil (TTM As of Dec. 2024)

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What is Avsalt Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avsalt Group AB's interest expense for the three months ended in Dec. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr0.00 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. Avsalt Group AB's Operating Income for the three months ended in Dec. 2024 was kr 0.00 Mil. Avsalt Group AB's Interest Expense for the three months ended in Dec. 2024 was kr 0.00 Mil. Avsalt Group AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Avsalt Group AB Interest Expense Historical Data

The historical data trend for Avsalt 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.

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Avsalt Group AB Interest Expense Chart

Avsalt Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.01

-0.39

Avsalt Group AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial												-	-	-	-	-

Avsalt 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.00 Mil.

Avsalt Group AB (NGM:AVSALT) 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.

Avsalt Group AB's Interest Expense for the three months ended in Dec. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr0.00 Mil.

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

Avsalt Group AB had no long-term debt ⁽¹⁾.

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

Good Sign:

Avsalt Group AB has no debt.

Avsalt Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Avsalt Group AB (NGM:AVSALT) » Definitions » Interest Expense

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Address

Open lab, Forskaren 3rd floor, Per Albin Hanssons vag 35, Malmo, SWE, 214 32

Website

https://www.avsalt.com

Avsalt Group AB is a Swedish environmental technology company that manufactures desalination machines to purify water. The company's patented technology entails minimal maintenance and low energy consumption and enables a continuous flow of water purified from ions and charged small molecules. The technology is based on thin carbon-based electrodes which, with alternating voltage application, remove ions and charged small molecules from the water.

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