Iconovo AB (OSTO:ICO) Interest Expense : kr-0.49 Mil (TTM As of Mar. 2024)

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What is Iconovo AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Iconovo AB's interest expense for the three months ended in Mar. 2024 was kr -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.49 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. Iconovo AB's Operating Income for the three months ended in Mar. 2024 was kr -9.57 Mil. Iconovo AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.12 Mil. Iconovo AB did not have earnings to cover the interest expense. 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.

Iconovo AB Interest Expense Historical Data

The historical data trend for Iconovo 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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Iconovo AB Interest Expense Chart

Iconovo AB Annual Data

Trend

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Interest Expense

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-0.30

-0.51

Iconovo 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															-0.23	-0.13	-0.11	-0.14	-0.12

Iconovo 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-0.49 Mil.

Iconovo AB (OSTO:ICO) 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.

Iconovo AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.12 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-9.57 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr5.88 Mil.

Iconovo AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Iconovo AB did not have earnings to cover the interest expense.

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

Iconovo AB (OSTO:ICO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Iconovo AB (OSTO:ICO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Scheelevagen 2, Medicon Village, Lund, SWE, SE-223 81

Website

http://www.iconovo.se

Iconovo AB is engaged in developing proprietary inhalation products for licensing to customers. The company offers ICOres, ICOone, ICOcap, and ICOpre devices.

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