AAC Clyde Space AB (OSTO:AAC) Interest Expense : kr-4.1 Mil (TTM As of Dec. 2023)

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What is AAC Clyde Space AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AAC Clyde Space AB's interest expense for the three months ended in Dec. 2023 was kr -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-4.1 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. AAC Clyde Space AB's Operating Income for the three months ended in Dec. 2023 was kr -22.4 Mil. AAC Clyde Space AB's Interest Expense for the three months ended in Dec. 2023 was kr -0.1 Mil. AAC Clyde Space 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.

AAC Clyde Space AB Interest Expense Historical Data

The historical data trend for AAC Clyde Space 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.

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AAC Clyde Space AB Interest Expense Chart

AAC Clyde Space AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.95

-0.75

-0.98

-1.16

-4.08

AAC Clyde Space AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															0.19	-0.85	-1.65	-1.49	-0.08

AAC Clyde Space 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-4.1 Mil.

AAC Clyde Space AB (OSTO:AAC) 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.

AAC Clyde Space AB's Interest Expense for the three months ended in Dec. 2023 was kr-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-22.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr10.2 Mil.

AAC Clyde Space AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

AAC Clyde Space AB did not have earnings to cover the interest expense.

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

AAC Clyde Space AB (OSTO:AAC) Business Description

Industry

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ACCMF:USA MKC0:Germany

Address

Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83

Website

https://www.aac-clyde.space

AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.