Exsitec Holding AB (OSTO:EXS) Interest Expense : kr-8.5 Mil (TTM As of Mar. 2024)

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What is Exsitec Holding AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Exsitec Holding AB's interest expense for the three months ended in Mar. 2024 was kr -2.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-8.5 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. Exsitec Holding AB's Operating Income for the three months ended in Mar. 2024 was kr 35.1 Mil. Exsitec Holding AB's Interest Expense for the three months ended in Mar. 2024 was kr -2.6 Mil. Exsitec Holding AB's Interest Coverage for the quarter that ended in Mar. 2024 was 13.66. 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.

Exsitec Holding AB Interest Expense Historical Data

The historical data trend for Exsitec Holding 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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Exsitec Holding AB Interest Expense Chart

Exsitec Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.42

-1.15

-2.85

-4.74

-7.59

Exsitec Holding 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															-1.67	-2.66	-1.92	-1.34	-2.57

Exsitec Holding 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-8.5 Mil.

Exsitec Holding AB (OSTO:EXS) 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.

Exsitec Holding AB's Interest Expense for the three months ended in Mar. 2024 was kr-2.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr35.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr158.0 Mil.

Exsitec Holding 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	*	35.085	/	-2.568
	=	13.66

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

Exsitec Holding AB (OSTO:EXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exsitec Holding AB (OSTO:EXS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Snickaregatan 40, Linkoping, SWE, 582 26

Website

https://www.exsitec.se

Exsitec Holding AB provides information technology services. The business activities of the company include IT support by providing support, management, and further development of the IT systems of the customers. The company offers e-commerce solutions, software development, IT training, and other related services. The group's operations are managed and reported based on the three operating segments: Sweden, Norway, and Denmark. The majority of its revenue is derived from Sweden.

Exsitec Holding AB (OSTO:EXS) Headlines

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