GreenMerc AB (NGM:GMERC B) Interest Expense : kr-0.0 Mil (TTM As of Dec. 2024)

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What is GreenMerc AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GreenMerc AB's interest expense for the three months ended in Dec. 2024 was kr -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-0.0 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. GreenMerc AB's Operating Income for the three months ended in Dec. 2024 was kr 6.5 Mil. GreenMerc AB's Interest Expense for the three months ended in Dec. 2024 was kr -0.0 Mil. GreenMerc AB's Interest Coverage for the quarter that ended in Dec. 2024 was 717.11. 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.

GreenMerc AB Interest Expense Historical Data

The historical data trend for GreenMerc 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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GreenMerc AB Interest Expense Chart

GreenMerc AB Annual Data

Trend

Dec22

Dec23

Dec24

Interest Expense

-0.01

GreenMerc AB Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial			-0.01	-	-	-0.03	-0.01

GreenMerc 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 kr-0.0 Mil.

GreenMerc AB (NGM:GMERC 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.

GreenMerc AB's Interest Expense for the three months ended in Dec. 2024 was kr-0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr0.0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	6.454	/	-0.009
	=	717.11

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

Good Sign:

GreenMerc AB has no debt.

GreenMerc AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GreenMerc AB (NGM:GMERC B) » Definitions » Interest Expense

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Traded in Other Exchanges

L5L:Germany

Address

Box no. 5074, Stockholm, SWE, 102 42

Website

https://www.greenmerc.com

GreenMerc AB is a fintech company with a state-of-the-art proprietary software platform that supports both digital assets and traditional fintech services. Its platform is designed to shape the future of traditional banking while enabling easy and secure cryptocurrency trading.

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