Luxor AS (OCSE:LUXOR B) Interest Expense : kr-46.2 Mil (TTM As of Mar. 2025)

View and export this data going back to 1993. Start your Free Trial

What is Luxor AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Luxor AS's interest expense for the three months ended in Mar. 2025 was kr -4.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was kr-46.2 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. Luxor AS's Operating Income for the three months ended in Mar. 2025 was kr 17.6 Mil. Luxor AS's Interest Expense for the three months ended in Mar. 2025 was kr -4.5 Mil. Luxor AS's Interest Coverage for the quarter that ended in Mar. 2025 was 3.92. 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.

Luxor AS Interest Expense Historical Data

The historical data trend for Luxor 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.

Luxor AS Interest Expense Chart

Luxor AS Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Expense

Get a 7-Day Free Trial

-12.12

-11.79

-12.36

-25.31

-30.56

Luxor AS 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															-4.62	-5.47	-30.54	-5.72	-4.50

Luxor 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-46.2 Mil.

Luxor AS (OCSE:LUXOR B) 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.

Luxor AS's Interest Expense for the three months ended in Mar. 2025 was kr-4.5 Mil. Its Operating Income for the three months ended in Mar. 2025 was kr17.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was kr67.7 Mil.

Luxor AS'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	*	17.639	/	-4.496
	=	3.92

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. Luxor AS interest coverage is 3.33, which is low.

Luxor AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Luxor AS (OCSE:LUXOR B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Frederiksborggade, 4th floor, Copenhagen, DNK, 1360

Website

http://www.luxor.dk

Luxor AS is an investment company. Its objective is to create the possible long-term return for shareholders through investment for equity and foreign capital within the defined risk framework. The company operates through four segments namely Mortgage deeds, Bonds, Shares and Investment properties. Its mortgage deed portfolio comprises of single family-houses, flats, cooperative housing, holiday houses, farms, and residential and business properties. The bond portfolio includes various corporate bonds. Its investment property portfolio consists of offices, shops, warehouses and production facilities.

Luxor AS Headlines

No Headlines