Rentunder Holding AB (NGM:RENT) Interest Expense: kr-0.15 Mil (TTM As of Dec. 2024)


What is Rentunder Holding AB Interest Expense?

Rentunder Holding AB NGM:RENT Interest Expense is kr-0.15 Mil as of Dec. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rentunder Holding AB's interest expense for the six months ended in Dec. 2024 was kr -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-0.15 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. Rentunder Holding AB's Operating Income for the six months ended in Dec. 2024 was kr -1.83 Mil. Rentunder Holding AB's Interest Expense for the six months ended in Dec. 2024 was kr -0.15 Mil. Rentunder Holding 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.

Rentunder Holding AB  (NGM:RENT) 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.

Rentunder Holding AB's Interest Expense for the six months ended in Dec. 2024 was kr-0.15 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr0.00 Mil.

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

Rentunder Holding 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.

Rentunder Holding AB Interest Expense Historical Data

* Premium members only.

The historical data trend for Rentunder Holding 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.

Rentunder Holding AB Interest Expense Chart

Rentunder Holding AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.00 -0.00 -0.00 -0.00 -0.15

Rentunder Holding AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.00 -0.00 -0.00 -0.00 -0.15

Rentunder Holding 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 semi-annually data reported by the company within the most recent 12 months, which was kr-0.15 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-0.15 Mil mean?
Rentunder Holding AB (NGM:RENT) has a Interest Expense of kr-0.15 Mil as of Dec. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rentunder Holding AB and its competitors.
Is Rentunder Holding AB's Interest Expense too high?
Rentunder Holding AB's current Interest Expense is kr-0.15 Mil.
How does Rentunder Holding AB's Interest Expense compare to VLTO and ZWS?
Rentunder Holding AB's Interest Expense of kr-0.15 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rentunder Holding AB and its competitors. Rentunder Holding AB's current Interest Expense is kr-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rentunder Holding AB stock overvalued right now?
Rentunder Holding AB (NGM:RENT) has a current Interest Expense of kr-0.15 Mil. The current Interest Expense is kr-0.15 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Rentunder Holding AB (NGM:RENT), the current Interest Expense is kr-0.15 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Rentunder Holding AB Business Description

Address Gammelbygatan 18, Osthammar, SWE, 742 34
Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.