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Enea AB (OSTO:ENEA) Interest Expense : kr-86.1 Mil (TTM As of Mar. 2024)


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What is Enea AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enea AB's interest expense for the three months ended in Mar. 2024 was kr -5.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-86.1 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. Enea AB's Operating Income for the three months ended in Mar. 2024 was kr 16.1 Mil. Enea AB's Interest Expense for the three months ended in Mar. 2024 was kr -5.9 Mil. Enea AB's Interest Coverage for the quarter that ended in Mar. 2024 was 2.73. 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.


Enea AB Interest Expense Historical Data

The historical data trend for Enea 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.

Enea AB Interest Expense Chart

Enea AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.63 -8.81 -11.09 -17.68 -81.07

Enea 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.00 -80.20 - - -5.90

Enea 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-86.1 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.


Enea AB  (OSTO:ENEA) 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.

Enea AB's Interest Expense for the three months ended in Mar. 2024 was kr-5.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr16.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr30.3 Mil.

Enea 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*16.1/-5.9
=2.73

* 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.


Enea AB (OSTO:ENEA) Business Description

Traded in Other Exchanges
Address
Kista, P.O Box 1033, Stockholm, SWE, SE-164 21
Enea AB is a supplier of advance software components for telecommunications and cybersecurity. The firm's focus areas are cloud-native, 5G-ready products for the mobile core, network virtualization, and traffic intelligence. More than 4.5 billion people rely on Enea technologies in their daily lives when they use mobile phones and connect to the internet. Enea also has a global services organization that develops software on assignments from customers that have operations in industries with strict requirements on performance and reliability. The company earns revenue by rendering services like Licensesing service, Support & maintenance services and Professional services. Geographical presence in Sweden, America, EMEA and Asia.

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