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Metacon AB (OSTO:META) Interest Expense : kr-4.80 Mil (TTM As of Dec. 2024)


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What is Metacon AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metacon AB's interest expense for the three months ended in Dec. 2024 was kr -3.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-4.80 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. Metacon AB's Operating Income for the three months ended in Dec. 2024 was kr -36.30 Mil. Metacon AB's Interest Expense for the three months ended in Dec. 2024 was kr -3.20 Mil. Metacon 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.


Metacon AB Interest Expense Historical Data

The historical data trend for Metacon 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.

Metacon AB Interest Expense Chart

Metacon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -0.38 -0.30 -0.20 -4.80 -2.00

Metacon AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.00 -1.00 -0.40 -0.20 -3.20

Metacon 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-4.80 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.


Metacon AB  (OSTO:META) 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.

Metacon AB's Interest Expense for the three months ended in Dec. 2024 was kr-3.20 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr-36.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr3.50 Mil.

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

Metacon AB 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.


Metacon AB Business Description

Traded in Other Exchanges
Address
Drottninggatan 1B, Uppsala, SWE, 753 10
Metacon AB is an international energy technology company. The main goal of this company is to develop and market small and large energy systems that can produce hydrogen, electricity, and heat. The company has two main branches of business: Reforming and Electrolysis. In the Reforming division, the company possesses several patents and an understanding of how to efficiently convert different hydrocarbons into hydrogen, which is used in catalytic steam reforming products. As for the Electrolysis branch, the company is transitioning from being solely a distributor of Chinese-made products to manufacturing its own products under its own brand. The company's product range includes Hydrogen Refueling Stations, Large CHP Systems, Small CHP Systems, Small Power Units, and others.