Mips AB (OSTO:MIPS) Interest Expense : kr-8.0 Mil (TTM As of Mar. 2024)

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What is Mips AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mips AB's interest expense for the three months ended in Mar. 2024 was kr 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-8.0 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. Mips AB's Operating Income for the three months ended in Mar. 2024 was kr 13.0 Mil. Mips AB's Interest Expense for the three months ended in Mar. 2024 was kr 0.0 Mil. GuruFocus does not calculate Mips AB's interest coverage with the available data. 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.

Mips AB Interest Expense Historical Data

The historical data trend for Mips 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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Mips AB Interest Expense Chart

Mips AB Annual Data

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Interest Expense

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Mips AB Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															-	-	-	-8.00	-

Mips 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-8.0 Mil.

Mips AB (OSTO:MIPS) 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.

Mips AB's Interest Expense for the three months ended in Mar. 2024 was kr0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr13.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr8.0 Mil.

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

GuruFocus does not calculate Mips AB's interest coverage with the available data.

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

Mips AB (OSTO:MIPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mips AB (OSTO:MIPS) » Definitions » Interest Expense

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Traded in Other Exchanges

MIPSs:UK 0RNQ:UK 7M1:Germany

Address

Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79

Website

https://www.mipscorp.com

MIPS AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services.

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