RanLOS AB (OSTO:RLOS B) Interest Expense : kr-0.07 Mil (TTM As of Jun. 2023)

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What is RanLOS AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RanLOS AB's interest expense for the six months ended in Jun. 2023 was kr -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was kr-0.07 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. RanLOS AB's Operating Income for the six months ended in Jun. 2023 was kr -4.38 Mil. RanLOS AB's Interest Expense for the six months ended in Jun. 2023 was kr -0.03 Mil. RanLOS 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.

RanLOS AB Interest Expense Historical Data

The historical data trend for RanLOS 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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RanLOS AB Interest Expense Chart

RanLOS AB Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.14

-0.08

RanLOS AB Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Interest Expense	-	-0.04	-0.04	-0.03

RanLOS 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr-0.07 Mil.

RanLOS AB (OSTO:RLOS 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.

RanLOS AB's Interest Expense for the six months ended in Jun. 2023 was kr-0.03 Mil. Its Operating Income for the six months ended in Jun. 2023 was kr-4.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was kr0.00 Mil.

RanLOS AB's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

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

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

RanLOS AB (OSTO:RLOS B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RanLOS AB (OSTO:RLOS B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Flojelbergsgatan 20 C, Molndal, SWE, 431 37

Website

https://www.ranlos.com

RanLOS AB develops measurement technologies for testing and verifying antennas and systems used in connected vehicles and other wireless devices.

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