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Lifco AB (OSTO:LIFCO B) Interest Expense : kr-484 Mil (TTM As of Sep. 2024)


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What is Lifco AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lifco AB's interest expense for the three months ended in Sep. 2024 was kr -122 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-484 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. Lifco AB's Operating Income for the three months ended in Sep. 2024 was kr 1,140 Mil. Lifco AB's Interest Expense for the three months ended in Sep. 2024 was kr -122 Mil. Lifco AB's Interest Coverage for the quarter that ended in Sep. 2024 was 9.34. 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.

Lifco AB Interest Expense Historical Data

The historical data trend for Lifco 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.

Lifco AB Interest Expense Chart

Lifco 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 -56.00 -62.00 -63.00 -128.00 -426.00

Lifco AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -108.00 -131.00 -104.00 -127.00 -122.00

Lifco 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-484 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.

Lifco AB  (OSTO:LIFCO B) 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.

Lifco AB's Interest Expense for the three months ended in Sep. 2024 was kr-122 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr1,140 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr3,204 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*1140/-122
=9.34

* 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.

Lifco AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lifco AB (OSTO:LIFCO B) » Definitions » Interest Expense
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Traded in Other Exchanges
LFCBY:USA LIFCBs:UK 0R4P:UK 1L30:Germany
Address
Verkmastaregatan 1, Enkoping, SWE, SE-745 85
Website
https://www.lifco.se
Lifco AB owns niche subsidiaries in a variety of industries, with a focus on three business areas: dental, demolition and tools, and systems solutions. The dental business supplies consumables, equipment, and technical service to dentists. The demolition and tools business manufactures and sells equipment for the construction and demolition industry, including demolition robots and crane attachments. The systems solutions business provides interiors for service vehicles, contract manufacturing, environmental technology, sawmill equipment, and construction materials. The Group's material revenue streams arising from the sale of goods comprise sales of dental products, tools and machinery, infrastructure products, environmental technology, special products and transportation products.

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