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TCECUR Sweden AB (NGM:TCC A) Interest Expense : kr-8.7 Mil (TTM As of Mar. 2025)


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What is TCECUR Sweden AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TCECUR Sweden AB's interest expense for the three months ended in Mar. 2025 was kr -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-8.7 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. TCECUR Sweden AB's Operating Income for the three months ended in Mar. 2025 was kr 3.2 Mil. TCECUR Sweden AB's Interest Expense for the three months ended in Mar. 2025 was kr -2.2 Mil. TCECUR Sweden AB's Interest Coverage for the quarter that ended in Mar. 2025 was 1.43. 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.


TCECUR Sweden AB Interest Expense Historical Data

The historical data trend for TCECUR Sweden 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.

TCECUR Sweden AB Interest Expense Chart

TCECUR Sweden 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 -3.61 -3.76 -5.10 -7.61 -7.43

TCECUR Sweden AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -2.43 -2.59 -2.04 -1.83 -2.23

TCECUR Sweden 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-8.7 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.


TCECUR Sweden AB  (NGM:TCC A) 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.

TCECUR Sweden AB's Interest Expense for the three months ended in Mar. 2025 was kr-2.2 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr45.3 Mil.

TCECUR Sweden AB's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*3.194/-2.227
=1.43

* 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.


TCECUR Sweden AB Business Description

Traded in Other Exchanges
N/A
Address
Torshamnsgatan 30A, Kista, SWE, 164 40
TCECUR Sweden AB is a provider of radio communications and biometric access and control systems. It is a systems integrator that provides solutions for voice and data communication in Europe. The company is engaged in the sale and installation of radio communications and related business. Its solutions include traditional digital radio communication systems such as TETRA, DMR, control room solutions, alarm systems, tunnels and indoor coverage for radio communications.

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