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Deversify Health AB (OSTO:DEV) Interest Expense : kr-0.03 Mil (TTM As of Jun. 2024)


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What is Deversify Health AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Deversify Health AB's interest expense for the three months ended in Jun. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-0.03 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. Deversify Health AB's Operating Income for the three months ended in Jun. 2024 was kr -1.13 Mil. Deversify Health AB's Interest Expense for the three months ended in Jun. 2024 was kr 0.00 Mil. Deversify Health 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.


Deversify Health AB Interest Expense Historical Data

The historical data trend for Deversify Health 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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Deversify Health AB Interest Expense Chart

Deversify Health AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.13 -0.09 -0.39 -0.12

Deversify Health AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 -0.01 -0.04 - -0.04 -

Deversify Health 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.03 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.


Deversify Health AB  (OSTO:DEV) 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.

Deversify Health AB's Interest Expense for the three months ended in Jun. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr-1.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr0.00 Mil.

Deversify Health AB's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

* 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.


Deversify Health AB Business Description

Traded in Other Exchanges
N/A
Address
Ulls vag 29C, Uppsala, SWE, 756 51
Deversify Health AB offers health tech solutions for consumers. The company develops and commercializes mobile electronic devices and apps to monitor biomarkers for individualized health, specializing in breathalyzers. The company also develops and provides education services regarding metabolic health and personalized nutrition.