Relesys AS (OCSE:RELE) Interest Expense : kr0.08 Mil (TTM As of Dec. 2023)

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What is Relesys AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Relesys AS's interest expense for the three months ended in Dec. 2023 was kr 0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr0.08 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. Relesys AS's Operating Income for the three months ended in Dec. 2023 was kr -4.35 Mil. Relesys AS's Interest Expense for the three months ended in Dec. 2023 was kr 0.13 Mil. Relesys AS 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.

Relesys AS Interest Expense Historical Data

The historical data trend for Relesys 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.

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Relesys AS Interest Expense Chart

Relesys AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.13

-0.25

-0.59

-0.26

Relesys AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-0.40	0.54	-	-0.06	0.13

Relesys 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.08 Mil.

Relesys AS (OCSE:RELE) 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.

Relesys AS's Interest Expense for the three months ended in Dec. 2023 was kr0.13 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-4.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr4.53 Mil.

Relesys AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

Relesys AS (OCSE:RELE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Relesys AS (OCSE:RELE) » Definitions » Interest Expense

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Traded in Other Exchanges

NA0:Germany

Address

Orient Plads 1, 1 Floor, Nordhavn, DNK, 2150

Website

https://www.relesys.net

Relesys AS is a software company delivering customized communication and performance Platforms. Its software engages and develops employee's personal growth and aspires them to achieve more. The app makes it possible to make data-driven decisions and implement strategies to increase the overall productivity of any company.

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