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Bjorn Borg AB (OSTO:BORG) Interest Expense : kr-11.5 Mil (TTM As of Mar. 2024)


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What is Bjorn Borg AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bjorn Borg AB's interest expense for the three months ended in Mar. 2024 was kr -6.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-11.5 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. Bjorn Borg AB's Operating Income for the three months ended in Mar. 2024 was kr 33.5 Mil. Bjorn Borg AB's Interest Expense for the three months ended in Mar. 2024 was kr -6.5 Mil. Bjorn Borg AB's Interest Coverage for the quarter that ended in Mar. 2024 was 5.14. 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.

Bjorn Borg AB Interest Expense Historical Data

The historical data trend for Bjorn Borg 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.

Bjorn Borg AB Interest Expense Chart

Bjorn Borg AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.19 -6.48 -5.00 -4.27 -6.12

Bjorn Borg AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.72 -2.70 -0.34 -1.96 -6.52

Bjorn Borg 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-11.5 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.

Bjorn Borg AB  (OSTO:BORG) 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.

Bjorn Borg AB's Interest Expense for the three months ended in Mar. 2024 was kr-6.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr33.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr23.6 Mil.

Bjorn Borg AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*33.47/-6.516
=5.14

* 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.

Bjorn Borg AB (OSTO:BORG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Bjorn Borg AB (OSTO:BORG) » Definitions » Interest Expense
Comparable Companies
OSTO:NIL B OSTO:HM B MIL:MONC RL PVH LEVI WAR:LPP TSX:GIL VFC SHSE:600398 HKSE:03998 COLM TPE:1476 BOM:532827 SHSE:600177 XTER:BOSS ZGN KTB UAA TSE:8111
Traded in Other Exchanges
6BB0:Germany
Address
Frösundaviks allé 1, Solna, Stockholm, SWE, SE-169 70
Website
https://www.bjornborg.com
Bjorn Borg AB is engaged in the apparel industry. It owns the Bjorn Borg brand, through which it offers fashion underwear, sportswear, fragrances, footwear, bags, luggage, eyewear, and home products. The company operates in the segments of Wholesale, Consumer Direct, Distributors, and Licensing. A majority of the revenue is derived from the Wholesale segment which consists of revenue and expenses associated with the company's wholesale operations. The Group has wholesale operations in Sweden, Finland, the Netherlands, Belgium, Germany, and England for apparel and underwear as well as in Sweden, Finland, and the Baltic countries for footwear. Geographically, it derives a majority of revenue from Sweden.

Bjorn Borg AB (OSTO:BORG) Headlines

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