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Awardit AB (NGM:AWRD) Interest Expense : kr0 Mil (TTM As of Jun. 2024)


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What is Awardit AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Awardit AB's interest expense for the three months ended in Jun. 2024 was kr -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr0 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. Awardit AB's Operating Income for the three months ended in Jun. 2024 was kr 5 Mil. Awardit AB's Interest Expense for the three months ended in Jun. 2024 was kr -2 Mil. Awardit AB's Interest Coverage for the quarter that ended in Jun. 2024 was 2.63. 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.


Awardit AB Interest Expense Historical Data

The historical data trend for Awardit 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.

Awardit AB Interest Expense Chart

Awardit AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -2.02 -1.43 -4.99 -5.95 -8.05

Awardit AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -5.41 -1.58 6.39 -2.57 -1.81

Awardit 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0 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.


Awardit AB  (NGM:AWRD) 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.

Awardit AB's Interest Expense for the three months ended in Jun. 2024 was kr-2 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr87 Mil.

Awardit AB's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*4.758/-1.808
=2.63

* 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.


Awardit AB Business Description

Traded in Other Exchanges
N/A
Address
Snickarbacken 2, Stockholm, SWE, 111 39
Awardit AB provides marketing services. The company offers its services to loyalty and sales motivation programs, customer clubs, and digital scoring services. It is an operator of customer clubs in the Nordic countries, loyalty programs, sales motivation programs, digital score currencies and points jumpers.

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