Bulten AB (OSTO:BULTEN) Interest Expense : kr-108 Mil (TTM As of Mar. 2024)

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What is Bulten AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bulten AB's interest expense for the three months ended in Mar. 2024 was kr -27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-108 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. Bulten AB's Operating Income for the three months ended in Mar. 2024 was kr 113 Mil. Bulten AB's Interest Expense for the three months ended in Mar. 2024 was kr -27 Mil. Bulten AB's Interest Coverage for the quarter that ended in Mar. 2024 was 4.19. 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.

Bulten AB Interest Expense Historical Data

The historical data trend for Bulten 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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Bulten AB Interest Expense Chart

Bulten AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-11.00

-18.00

-17.00

-19.00

-70.00

Bulten 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															-11.00	-14.00	-46.00	-21.00	-27.00

Bulten 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-108 Mil.

Bulten AB (OSTO:BULTEN) 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.

Bulten AB's Interest Expense for the three months ended in Mar. 2024 was kr-27 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr1,620 Mil.

Bulten 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	*	113	/	-27
	=	4.19

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

Bulten AB (OSTO:BULTEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bulten AB (OSTO:BULTEN) » Definitions » Interest Expense

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Traded in Other Exchanges

3FB:Germany

Address

August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093

Website

https://www.bulten.com

Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

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