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Copenhagen Capital AS (OCSE:CPHCAP ST) Interest Expense : kr-17.25 Mil (TTM As of Dec. 2024)


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What is Copenhagen Capital AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Copenhagen Capital AS's interest expense for the six months ended in Dec. 2024 was kr -8.95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-17.25 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. Copenhagen Capital AS's Operating Income for the six months ended in Dec. 2024 was kr 18.06 Mil. Copenhagen Capital AS's Interest Expense for the six months ended in Dec. 2024 was kr -8.95 Mil. Copenhagen Capital AS's Interest Coverage for the quarter that ended in Dec. 2024 was 2.02. 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.


Copenhagen Capital AS Interest Expense Historical Data

The historical data trend for Copenhagen Capital AS'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.

Copenhagen Capital AS Interest Expense Chart

Copenhagen Capital AS 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 -6.59 -7.14 -9.70 -14.46 -17.25

Copenhagen Capital AS Semi-Annual Data
Jun15 Dec15 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 Premium Member Only Premium Member Only -4.78 -6.71 -7.75 -8.30 -8.95

Copenhagen Capital AS 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-17.25 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.


Copenhagen Capital AS  (OCSE:CPHCAP ST) 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.

Copenhagen Capital AS's Interest Expense for the six months ended in Dec. 2024 was kr-8.95 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr18.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr529.42 Mil.

Copenhagen Capital AS'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*18.062/-8.948
=2.02

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Copenhagen Capital AS interest coverage is 1.99, which is low.


Copenhagen Capital AS Business Description

Traded in Other Exchanges
N/A
Address
Niels Hemmingsens Gade 4, København, DNK, 1153
Copenhagen Capital AS is an investment company. The Company invests in real estate and make direct and indirect investments based on analyzes of the properties options, location and condition. It also invests in leasing of housing and housing commercial real estate in Copenhagen.

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