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Latvian Forest Co AB (NGM:LATF B) Interest Expense : kr-3.96 Mil (TTM As of Mar. 2025)


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What is Latvian Forest Co AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Latvian Forest Co AB's interest expense for the three months ended in Mar. 2025 was kr -1.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-3.96 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. Latvian Forest Co AB's Operating Income for the three months ended in Mar. 2025 was kr -1.99 Mil. Latvian Forest Co AB's Interest Expense for the three months ended in Mar. 2025 was kr -1.03 Mil. Latvian Forest Co AB 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.


Latvian Forest Co AB Interest Expense Historical Data

The historical data trend for Latvian Forest Co 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.

Latvian Forest Co AB Interest Expense Chart

Latvian Forest Co AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -3.54 -2.77 -5.19 -5.89

Latvian Forest Co AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
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 -2.34 -1.66 -1.69 -1.24 -1.03

Latvian Forest Co 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-3.96 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.


Latvian Forest Co AB  (NGM:LATF B) 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.

Latvian Forest Co AB's Interest Expense for the three months ended in Mar. 2025 was kr-1.03 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr-1.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr54.08 Mil.

Latvian Forest Co AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Latvian Forest Co AB did not have earnings to cover the interest expense.

* 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.


Latvian Forest Co AB Business Description

Traded in Other Exchanges
N/A
Address
Ringvagen 22, Enebyberg, SWE, 128 46
Latvian Forest Co AB is a Swedish company, that purchases and manages forest property in Latvia. The company focuses on the northern/northeastern region of Latvia around the area Valmiera.

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