Lauritz com Group AS (OSTO:LAUR) Interest Expense: kr-8.6 Mil (TTM As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSTO:LAUR Lauritz com Group AS OSTO:LAUR
4 GF Score
Price kr0.24
View Full Analysis

What is Lauritz com Group AS Interest Expense?

Lauritz com Group AS OSTO:LAUR 4 Interest Expense is kr-8.6 Mil as of Mar. 2023. GuruFocus rates OSTO:LAUR with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lauritz com Group AS's interest expense for the three months ended in Mar. 2023 was kr -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was kr-8.6 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. Lauritz com Group AS's Operating Income for the three months ended in Mar. 2023 was kr -3.1 Mil. Lauritz com Group AS's Interest Expense for the three months ended in Mar. 2023 was kr -2.0 Mil. Lauritz com Group AS 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.

Lauritz com Group AS  (OSTO:LAUR) 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.

Lauritz com Group AS's Interest Expense for the three months ended in Mar. 2023 was kr-2.0 Mil. Its Operating Income for the three months ended in Mar. 2023 was kr-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was kr157.1 Mil.

Lauritz com Group AS's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Lauritz com Group AS did not have earnings to cover the interest expense.

* 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.

Lauritz com Group AS Interest Expense Historical Data

* Premium members only.

The historical data trend for Lauritz com Group AS'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.

Lauritz com Group AS Interest Expense Chart

Lauritz com Group AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.93 -2.02 -13.96 -8.90 -6.90

Lauritz com Group AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -1.67 -3.00 -3.49 -0.16 -1.98
OSTO:LAUR
4GF Score
Lauritz com Group AS OSTO:LAUR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lauritz com Group AS 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-8.6 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of kr-8.6 Mil mean?
Lauritz com Group AS (OSTO:LAUR) has a Interest Expense of kr-8.6 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lauritz com Group AS and its competitors.
Is Lauritz com Group AS's Interest Expense too high?
Lauritz com Group AS's current Interest Expense is kr-8.6 Mil. Overall, Lauritz com Group AS has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Lauritz com Group AS's Interest Expense compare to ORLY and AZO?
Lauritz com Group AS's Interest Expense of kr-8.6 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Retail - Cyclical company?
A good Interest Expense depends on the Retail - Cyclical industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lauritz com Group AS and its competitors. Lauritz com Group AS's current Interest Expense is kr-8.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lauritz com Group AS stock overvalued right now?
Lauritz com Group AS (OSTO:LAUR) has a current Interest Expense of kr-8.6 Mil. The current Interest Expense is kr-8.6 Mil. Lauritz com Group AS's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Lauritz com Group AS (OSTO:LAUR), the current Interest Expense is kr-8.6 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lauritz com Group AS Business Description

Address Dynamovej 11C, Soborg, DNK, 2860
Lauritz com Group AS provides online auctions service. It offers traditional auctions of art, design, antiques & home luxury online. The company operates through its own auction houses and auction houses operated by partners under partnership agreements. The products auctioned by the company include carpets, rugs, textiles, clothing, shoes, accessories, electronics, furniture, sports and leisure, home and garden, paintings, etc.
4GF Score

Get the complete analysis for OSTO:LAUR

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.24
Price