Prevas AB (OSTO:PREV B) Interest Expense : kr-2 Mil (TTM As of Mar. 2024)

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What is Prevas AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prevas AB's interest expense for the three months ended in Mar. 2024 was kr 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-2 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. Prevas AB's Operating Income for the three months ended in Mar. 2024 was kr 52 Mil. Prevas AB's Interest Expense for the three months ended in Mar. 2024 was kr 0 Mil. GuruFocus does not calculate Prevas 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.

Prevas AB Interest Expense Historical Data

The historical data trend for Prevas 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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Prevas AB Interest Expense Chart

Prevas AB Annual Data

Trend

Dec14

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Dec20

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Dec22

Dec23

Interest Expense

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-2.42

-1.82

-3.92

-2.91

-4.23

Prevas AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.27	-0.92	-0.33	-0.86	-

Prevas 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-2 Mil.

Prevas AB (OSTO:PREV 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.

Prevas AB's Interest Expense for the three months ended in Mar. 2024 was kr0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr20 Mil.

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

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

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

Prevas AB (OSTO:PREV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Prevas AB (OSTO:PREV B) » Definitions » Interest Expense

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0H2J:UK

Address

Glodgargrand 14, Box 4, Vasteras, SWE, 72103

Website

https://www.prevas.se

Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

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