Cedergrenska AB (OSTO:CEDER) Interest Expense : kr-3.9 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Cedergrenska AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cedergrenska AB's interest expense for the three months ended in Dec. 2023 was kr -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-3.9 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. Cedergrenska AB's Operating Income for the three months ended in Dec. 2023 was kr 12.9 Mil. Cedergrenska AB's Interest Expense for the three months ended in Dec. 2023 was kr -1.0 Mil. Cedergrenska AB's Interest Coverage for the quarter that ended in Dec. 2023 was 12.65. 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.

Cedergrenska AB Interest Expense Historical Data

The historical data trend for Cedergrenska 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.

Cedergrenska AB Interest Expense Chart

Cedergrenska AB Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-1.28

-2.44

-2.66

-2.71

-3.73

Cedergrenska AB Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial												-0.99	-1.00	-0.92	-0.90	-1.02

Cedergrenska 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-3.9 Mil.

Cedergrenska AB (OSTO:CEDER) 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.

Cedergrenska AB's Interest Expense for the three months ended in Dec. 2023 was kr-1.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr12.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr18.3 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	12.906	/	-1.02
	=	12.65

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

Cedergrenska AB (OSTO:CEDER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cedergrenska AB (OSTO:CEDER) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsvagen 2, Cedergrenska tower, Stocksund, SWE, 182 79

Website

https://www.cedergrenska.se

Cedergrenska AB is an education group that conducts education of the highest quality for children and students from preschool to post-secondary education.

Cedergrenska AB (OSTO:CEDER) Headlines

No Headlines