Mavshack AB (OSTO:MAV) Interest Expense : kr-1.36 Mil (TTM As of Jun. 2024)

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What is Mavshack AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mavshack AB's interest expense for the three months ended in Jun. 2024 was kr -0.24 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-1.36 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. Mavshack AB's Operating Income for the three months ended in Jun. 2024 was kr -2.47 Mil. Mavshack AB's Interest Expense for the three months ended in Jun. 2024 was kr -0.24 Mil. Mavshack 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.

Mavshack AB Interest Expense Historical Data

The historical data trend for Mavshack 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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Mavshack AB Interest Expense Chart

Mavshack AB Annual Data

Trend

Dec14

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Dec20

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Dec23

Interest Expense

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-5.05

-2.07

-0.48

-0.62

-1.08

Mavshack AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.19	-0.18	-0.50	-0.43	-0.24

Mavshack 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.36 Mil.

Mavshack AB (OSTO:MAV) 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.

Mavshack AB's Interest Expense for the three months ended in Jun. 2024 was kr-0.24 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr-2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr0.00 Mil.

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

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

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

Mavshack AB Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Mavshack AB (OSTO:MAV) » Definitions » Interest Expense

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Address

Karlavagen 60, 5tr, Stockholm, SWE, 114 49

Website

http://www.mavshack.com

Mavshack AB is a Sweden based company involved in offering Asian entertainment covering mainly Filipino and Indian content. Its service is available on various devices such as tablets, smartphones, PC / Mac, Smart TVs as well as several TV-boxes such as the Amazon Fire TV and Chromecast.