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Prevas AB (OSTO:PREV B) Interest Expense : kr-11 Mil (TTM As of Jun. 2025)


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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 Jun. 2025 was kr -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2025 was kr-11 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 Jun. 2025 was kr 17 Mil. Prevas AB's Interest Expense for the three months ended in Jun. 2025 was kr -5 Mil. Prevas AB's Interest Coverage for the quarter that ended in Jun. 2025 was 3.66. 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.

* Premium members only.

Prevas AB Interest Expense Chart

Prevas AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.82 -3.92 -2.91 -4.23 -11.98

Prevas AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 - -4.22 -0.11 -2.34 -4.54

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 Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-11 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.


Prevas AB  (OSTO:PREV B) 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.

Prevas AB's Interest Expense for the three months ended in Jun. 2025 was kr-5 Mil. Its Operating Income for the three months ended in Jun. 2025 was kr17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2025 was kr203 Mil.

Prevas AB's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2025 )/Interest Expense (Q: Jun. 2025 )
=-1*16.609/-4.544
=3.66

* 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.


Prevas AB Business Description

Traded in Other Exchanges
Address
Glodgargrand 14, Box 4, Vasteras, SWE, 72103
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. The company has two geographical segments namely: Sweden and Denmark. It derives maximum revenue from Sweden.

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