Hufvudstaden AB (OSTO:HUFV A) Interest Expense : kr-310 Mil (TTM As of Mar. 2024)

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What is Hufvudstaden AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hufvudstaden AB's interest expense for the three months ended in Mar. 2024 was kr -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-310 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. Hufvudstaden AB's Operating Income for the three months ended in Mar. 2024 was kr 346 Mil. Hufvudstaden AB's Interest Expense for the three months ended in Mar. 2024 was kr -83 Mil. Hufvudstaden AB's Interest Coverage for the quarter that ended in Mar. 2024 was 4.14. 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.

Hufvudstaden AB Interest Expense Historical Data

The historical data trend for Hufvudstaden 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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Hufvudstaden AB Interest Expense Chart

Hufvudstaden AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-107.10

-119.80

-124.20

-148.00

-265.80

Hufvudstaden 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															-52.20	-66.60	-79.40	-80.90	-83.40

Hufvudstaden 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-310 Mil.

Hufvudstaden AB (OSTO:HUFV A) 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.

Hufvudstaden AB's Interest Expense for the three months ended in Mar. 2024 was kr-83 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr346 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr7,819 Mil.

Hufvudstaden 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	*	345.6	/	-83.4
	=	4.14

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

Hufvudstaden AB (OSTO:HUFV A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hufvudstaden AB (OSTO:HUFV A) » Definitions » Interest Expense

Traded in Other Exchanges

HUFVAs:UK 0GW3:UK HFVA:Germany

Address

Regeringsgatan 38, Stockholm, SWE, SE-111 77

Website

https://www.hufvudstaden.se

Hufvudstaden AB A manages and develops commercial properties in Sweden. The company focuses on retail and office properties in the Stockholm and Gothenburg area. Its two main segments include property management and parking operations. It rents out centrally located residential and commercial properties such as shops, offices, hotels, cinemas, restaurants, warehouses, garages, and apartments. It also owns Nordiska Kompaniet, a department store in Stockholm and Sweden. The company operates through three divisions: Stockholm business area, Gothenburg business area, and Noridska Kompaniet business area. The Stockholm business area contributes the largest proportion of revenue.

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