Flat Capital AB (OSTO:FLAT B) Interest Expense : kr0.00 Mil (TTM As of Sep. 2024)

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What is Flat Capital AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Flat Capital AB's interest expense for the three months ended in Sep. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr0.00 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. Flat Capital AB's Operating Income for the three months ended in Sep. 2024 was kr 22.45 Mil. Flat Capital AB's Interest Expense for the three months ended in Sep. 2024 was kr 0.00 Mil. Flat Capital AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Flat Capital AB Interest Expense Historical Data

The historical data trend for Flat Capital 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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Flat Capital AB Interest Expense Chart

Flat Capital AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.16

-0.13

-0.11

Flat Capital AB Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial													-	-	-	-	-

Flat Capital 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.00 Mil.

Flat Capital AB (OSTO:FLAT B) 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.

Flat Capital AB's Interest Expense for the three months ended in Sep. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr22.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr0.00 Mil.

Flat Capital AB's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Flat Capital AB had no long-term debt ⁽¹⁾.

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

Good Sign:

Flat Capital AB has no debt.

Flat Capital AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Flat Capital AB (OSTO:FLAT B) » Definitions » Interest Expense

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Traded in Other Exchanges

87I:Germany

Address

Nybrogatan 8, Stockholm, SWE, 114 34

Website

https://www.flatcapital.com

Flat Capital AB is an investment company that focuses on companies with prominent entrepreneurs in various positions. Its view is to simplify and improve the path to company building and give more people the opportunity to benefit from shared maximum returns. The company's Investment strategy consists of investment in prominent entrepreneurs who have a leading position in their companies, investment in markets, where company growth is driven by underlying structural trends, Investment in unlisted companies that are in a growth phase, seeking minority stakes in its portfolio holdings and investment globally.

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