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Husqvarna AB (OSTO:HUSQ A) Interest Expense : kr-998 Mil (TTM As of Mar. 2024)


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What is Husqvarna AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Husqvarna AB's interest expense for the three months ended in Mar. 2024 was kr -229 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-998 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. Husqvarna AB's Operating Income for the three months ended in Mar. 2024 was kr 1,930 Mil. Husqvarna AB's Interest Expense for the three months ended in Mar. 2024 was kr -229 Mil. Husqvarna AB's Interest Coverage for the quarter that ended in Mar. 2024 was 8.43. 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.


Husqvarna AB Interest Expense Historical Data

The historical data trend for Husqvarna 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.

* Premium members only.

Husqvarna AB Interest Expense Chart

Husqvarna AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -499.00 -311.00 -241.00 -442.00 -1,040.00

Husqvarna 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -245.00 -247.00 -221.00 -301.00 -229.00

Husqvarna 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-998 Mil.

* 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.


Husqvarna AB  (OSTO:HUSQ A) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Husqvarna AB's Interest Expense for the three months ended in Mar. 2024 was kr-229 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr1,930 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr13,022 Mil.

Husqvarna 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*1930/-229
=8.43

* 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.

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


Husqvarna AB (OSTO:HUSQ A) Business Description

Address
Regeringsgatan 28, Box 7454, Stockholm, SWE, SE-111 53
Husqvarna AB makes outdoor power products for forest, park, and garden care. The company operates three business segments: Husqvarna, Gardena, and Construction. The Husqvarna segment generates most of the group's revenue. It manufactures and sells outdoor products such as chainsaws, trimmers, mowers, and park and garden care. The other segments offer garden watering and hand tools, as well as professional equipment and diamond tools for cutting and drilling in concrete, stone, and asphalt. Products are sold under the Husqvarna, Gardena, McCulloch, Poulan Pro, Weed Eater, Flymo, Zenoah, and Diamant Boart brands. The company's largest end markets are North America and Europe.

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