Mentice AB (OSTO:MNTC) Interest Expense : kr-1.8 Mil (TTM As of Sep. 2024)

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What is Mentice AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mentice AB's interest expense for the three months ended in Sep. 2024 was kr -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-1.8 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. Mentice AB's Operating Income for the three months ended in Sep. 2024 was kr -11.9 Mil. Mentice AB's Interest Expense for the three months ended in Sep. 2024 was kr -0.5 Mil. Mentice 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.

Mentice AB Interest Expense Historical Data

The historical data trend for Mentice 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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Mentice AB Interest Expense Chart

Mentice AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.79

-0.54

-1.37

-1.18

Mentice 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															-	-0.27	-0.24	-0.85	-0.46

Mentice 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-1.8 Mil.

Mentice AB (OSTO:MNTC) 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.

Mentice AB's Interest Expense for the three months ended in Sep. 2024 was kr-0.5 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr-11.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr0.3 Mil.

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

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

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

Mentice AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mentice AB (OSTO:MNTC) » Definitions » Interest Expense

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MN2:Germany

Address

Odinsgatan 10, Gothenburg, SWE, 411 03

Website

https://www.mentice.com

Mentice AB is engaged in the provision of software and hardware simulation solutions for endovascular therapies. Its solutions help healthcare professionals acquire, retain, and enhance their procedural skills driving improved productivity and outcomes. It operates through three segments: System Sales, Software Licences, and Service. Geographically majority of the revenue is generated from the Americas, then followed by EMEA.

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