Fasadgruppen Group AB (OSTO:FG) Interest Expense : kr-102 Mil (TTM As of Mar. 2024)

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What is Fasadgruppen Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fasadgruppen Group AB's interest expense for the three months ended in Mar. 2024 was kr -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-102 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. Fasadgruppen Group AB's Operating Income for the three months ended in Mar. 2024 was kr 18 Mil. Fasadgruppen Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -25 Mil. Fasadgruppen Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 0.72. 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.

Fasadgruppen Group AB Interest Expense Historical Data

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

Fasadgruppen Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.60

-13.20

-21.60

-33.00

-96.60

Fasadgruppen Group AB Quarterly Data
	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														-24.00	-19.90	-32.20	-24.20	-25.40

Fasadgruppen 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-102 Mil.

Fasadgruppen Group AB (OSTO:FG) 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.

Fasadgruppen Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-25 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr1,520 Mil.

Fasadgruppen 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	*	18.2	/	-25.4
	=	0.72

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

Fasadgruppen Group AB (OSTO:FG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fasadgruppen Group AB (OSTO:FG) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Wallingatan 2, Stockholm, SWE, 111 60

Website

https://www.fasadgruppen.se

Fasadgruppen Group AB is a service provider of sustainable facades. It offers plastering, masonry, windows and balconies renovations, thermal insulation, carbon fiber reinforcement, scaffolding and various other services. The main customers of the company are property owners, construction companies, property managers, consultants, housing cooperatives as well as state bodies and municipalities.