Fagerhult Group AB (OSTO:FAG) Interest Expense : kr-136 Mil (TTM As of Mar. 2024)

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What is Fagerhult Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fagerhult Group AB's interest expense for the three months ended in Mar. 2024 was kr -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-136 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. Fagerhult Group AB's Operating Income for the three months ended in Mar. 2024 was kr 220 Mil. Fagerhult Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -21 Mil. Fagerhult Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 10.50. 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.

Fagerhult Group AB Interest Expense Historical Data

The historical data trend for Fagerhult 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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Fagerhult Group AB Interest Expense Chart

Fagerhult Group AB Annual Data

Trend

Dec14

Dec15

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-82.70

-70.90

-50.90

-63.50

-166.90

Fagerhult Group 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															-29.20	-40.20	-22.20	-52.20	-21.00

Fagerhult 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-136 Mil.

Fagerhult Group AB (OSTO:FAG) 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.

Fagerhult Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr220 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr3,516 Mil.

Fagerhult Group 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	*	220.4	/	-21
	=	10.50

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

Fagerhult Group AB (OSTO:FAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fagerhult Group AB (OSTO:FAG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

2F0:Germany

Address

Avagen 1, Habo, SWE, SE-566 80

Website

https://www.fagerhultgroup.com

Fagerhult Group AB is a Swedish-based company that develops, manufactures, and markets professional lighting solutions. The company segments its brands in four business areas with similar focuses regarding customers' and geographical coverage: Collection, Premium, Professional, and Infrastructure. The company's main market includes Europe, but also present in North America, Asia and Australia. Its brands consist of atelje Lyktan, iGuzzini, LED Linear, WE-EF, Fagerhult, LTS, Arlight, Eagle Lighting, Whitecroft, Designplan, I-Valo and Veko.

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