Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Interest Expense : kr-0.03 Mil (TTM As of Dec. 2024)

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What is Nordic Asia Investment Group 1987 AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nordic Asia Investment Group 1987 AB's interest expense for the three months ended in Dec. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-0.03 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. Nordic Asia Investment Group 1987 AB's Operating Income for the three months ended in Dec. 2024 was kr -4.06 Mil. Nordic Asia Investment Group 1987 AB's Interest Expense for the three months ended in Dec. 2024 was kr 0.00 Mil. Nordic Asia Investment Group 1987 AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Nordic Asia Investment Group 1987 AB Interest Expense Historical Data

The historical data trend for Nordic Asia Investment Group 1987 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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Nordic Asia Investment Group 1987 AB Interest Expense Chart

Nordic Asia Investment Group 1987 AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

-0.04

-0.06

Nordic Asia Investment Group 1987 AB Quarterly Data
	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												-	-	-0.03	-	-

Nordic Asia Investment Group 1987 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-0.03 Mil.

Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) 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.

Nordic Asia Investment Group 1987 AB's Interest Expense for the three months ended in Dec. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr-4.06 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr0.00 Mil.

Nordic Asia Investment Group 1987 AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Nordic Asia Investment Group 1987 AB had no long-term debt ⁽¹⁾.

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

Nordic Asia Investment Group 1987 AB Business Description

Industry

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Address

Nybrogatan 11 6tr, Stockholm, SWE, 114 39

Website

https://www.nordicasiagroup.com

Nordic Asia Investment Group 1987 AB is an investment company with a focus on long-term and strategic shareholding in market Chinese companies with exposure to the domestic consumer market in China.

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