Kinnevik AB (OSTO:KINV A) Interest Expense : kr-71.00 Mil (TTM As of Mar. 2024)

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What is Kinnevik AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kinnevik AB's interest expense for the three months ended in Mar. 2024 was kr -78.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-71.00 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. Kinnevik AB's Operating Income for the three months ended in Mar. 2024 was kr Mil. Kinnevik AB's Interest Expense for the three months ended in Mar. 2024 was kr Mil. 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.

Kinnevik AB Interest Expense Historical Data

The historical data trend for Kinnevik 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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Kinnevik AB Interest Expense Chart

Kinnevik AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-37.00

-41.00

-42.00

-55.00

-44.00

Kinnevik 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															-51.00	-48.00	-38.00	93.00	-78.00

Kinnevik 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-71.00 Mil.

Kinnevik AB (OSTO:KINV A) Business Description

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Traded in Other Exchanges

KNKBF:USA KINV B:Sweden 0RGZ:UK IV6:Germany

Address

Skeppsbron 18, P.O. Box 2094, Stockholm, SWE, SE-103 13

Website

https://www.kinnevik.com

Kinnevik AB is an operationally oriented investment group with an entrepreneurial focus on building digital brands. It concentrates its growth-style investment efforts on four sectors: TMT, e-commerce and marketplaces, Healthcare and financial services. Nearly all of its capital is committed to the communication and e-commerce and marketplace sectors. The group, through its various subsidiaries, is geographically diversified and operationally present in over 80 countries. Kinnevik's bias is toward investing in emerging markets because of the opportunity afforded by these markets' reliance on legacy products and services. A key component of its strategy is to create consumer choice of solutions in markets where supply may have been previously constrained.

Kinnevik AB (OSTO:KINV A) Headlines

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