Nischer Properties AB (NGM:NIS) Interest Expense : kr-9.16 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Nischer Properties AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nischer Properties AB's interest expense for the three months ended in Mar. 2024 was kr -3.91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-9.16 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. Nischer Properties AB's Operating Income for the three months ended in Mar. 2024 was kr 0.48 Mil. Nischer Properties AB's Interest Expense for the three months ended in Mar. 2024 was kr -3.91 Mil. Nischer Properties AB's Interest Coverage for the quarter that ended in Mar. 2024 was 0.12. 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.

Nischer Properties AB Interest Expense Historical Data

The historical data trend for Nischer Properties 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.

Nischer Properties AB Interest Expense Chart

Nischer Properties AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.24

-0.02

-3.37

-1.19

-5.23

Nischer Properties AB Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.06	-0.71	-1.00	-3.53	-3.91

Nischer Properties 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-9.16 Mil.

Nischer Properties AB (NGM:NIS) 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.

Nischer Properties AB's Interest Expense for the three months ended in Mar. 2024 was kr-3.91 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr0.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr156.86 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.476	/	-3.914
	=	0.12

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

Nischer Properties AB (NGM:NIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nischer Properties AB (NGM:NIS) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Central plan 15, Stockholm, SWE, 111 20

Website

http://www.nischer.se

Nischer Properties AB is a property development company focusing on niche concept housing in major and university cities. The company offers concept housing such as Start Living, Competence Living, Family Living, Grand Living and Care Living.

Nischer Properties AB (NGM:NIS) Headlines

No Headlines