Bergs Timber AB (OSTO:BRG B) Interest Expense : kr-34 Mil (TTM As of Sep. 2023)

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What is Bergs Timber AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bergs Timber AB's interest expense for the three months ended in Sep. 2023 was kr -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-34 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. Bergs Timber AB's Operating Income for the three months ended in Sep. 2023 was kr 7 Mil. Bergs Timber AB's Interest Expense for the three months ended in Sep. 2023 was kr -16 Mil. Bergs Timber AB's Interest Coverage for the quarter that ended in Sep. 2023 was 0.44. 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.

Bergs Timber AB Interest Expense Historical Data

The historical data trend for Bergs Timber 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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Bergs Timber AB Interest Expense Chart

Bergs Timber AB Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-8.30

-22.00

-24.00

-9.00

-11.00

Bergs Timber AB Quarterly Data
	Aug18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															-4.00	-6.00	-5.00	-7.00	-16.00

Bergs Timber 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-34 Mil.

Bergs Timber AB (OSTO:BRG 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.

Bergs Timber AB's Interest Expense for the three months ended in Sep. 2023 was kr-16 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr375 Mil.

Bergs Timber AB's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	7	/	-16
	=	0.44

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

Bergs Timber AB (OSTO:BRG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Bergs Timber AB (OSTO:BRG B) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53

Website

https://www.bergstimber.com

Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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