Coala-Life Group AB (OSTO:COALA) Interest Expense : kr-1.97 Mil (TTM As of Sep. 2023)

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What is Coala-Life Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coala-Life Group AB's interest expense for the three months ended in Sep. 2023 was kr -0.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was kr-1.97 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. Coala-Life Group AB's Operating Income for the three months ended in Sep. 2023 was kr -32.30 Mil. Coala-Life Group AB's Interest Expense for the three months ended in Sep. 2023 was kr -0.50 Mil. Coala-Life Group 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.

Coala-Life Group AB Interest Expense Historical Data

The historical data trend for Coala-Life Group 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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Coala-Life Group AB Interest Expense Chart

Coala-Life Group AB Annual Data

Trend

Aug12

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Aug17

Aug18

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Aug20

Dec21

Interest Expense

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-32.40

-27.42

-34.59

-95.81

-0.09

Coala-Life Group AB Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial															0.10	-0.17	-1.30	-	-0.50

Coala-Life Group 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-1.97 Mil.

Coala-Life Group AB (OSTO:COALA) 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.

Coala-Life Group AB's Interest Expense for the three months ended in Sep. 2023 was kr-0.50 Mil. Its Operating Income for the three months ended in Sep. 2023 was kr-32.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was kr1.90 Mil.

Coala-Life Group AB's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Coala-Life Group AB did not have earnings to cover the interest expense.

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

Coala-Life Group AB (OSTO:COALA) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Coala-Life Group AB (OSTO:COALA) » Definitions » Interest Expense

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Address

Kalsangsgrand 10B, Uppsala, SWE, 753 19

Website

https://www.coalalife.com

Coala-Life Group AB is a Swedish medical technology and life science company focusing on heart diagnostics and digital health. The company has developed a cloud-based remote monitoring device to digitally diagnose heart and lung diseases and can be used prior to a procedure and help physicians identify potential surgical risks.

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