Bluelake Mineral AB (NGM:BLUE) Interest Expense : kr-2.07 Mil (TTM As of Mar. 2024)

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What is Bluelake Mineral AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bluelake Mineral AB's interest expense for the three months ended in Mar. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-2.07 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. Bluelake Mineral AB's Operating Income for the three months ended in Mar. 2024 was kr -3.46 Mil. Bluelake Mineral AB's Interest Expense for the three months ended in Mar. 2024 was kr 0.00 Mil. Bluelake Mineral 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.

Bluelake Mineral AB Interest Expense Historical Data

The historical data trend for Bluelake Mineral 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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Bluelake Mineral AB Interest Expense Chart

Bluelake Mineral AB Annual Data

Trend

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Dec23

Interest Expense

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-0.36

-0.37

-3.04

Bluelake Mineral 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															-	-1.58	-0.01	-0.48	-

Bluelake Mineral 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-2.07 Mil.

Bluelake Mineral AB (NGM:BLUE) 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.

Bluelake Mineral AB's Interest Expense for the three months ended in Mar. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-3.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

Bluelake Mineral AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Bluelake Mineral AB had no long-term debt ⁽¹⁾.

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

Bluelake Mineral AB (NGM:BLUE) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bluelake Mineral AB (NGM:BLUE) » Definitions » Interest Expense

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Address

Brahegatan 29, Stockholm, SWE, 114 37

Website

https://www.bluelakemineral.com

Bluelake Mineral AB is an independent mining company. It is engaged in mine development of copper and zinc resources as well as the exploration of nickel, gold, and oil. The company also owns the nickel projects Ronnbacken and Orrbacken in Sweden.