Scandinavian Enviro Systems AB (OSTO:SES) Interest Expense : kr-2.7 Mil (TTM As of Jun. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Scandinavian Enviro Systems AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scandinavian Enviro Systems AB's interest expense for the three months ended in Jun. 2024 was kr -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-2.7 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. Scandinavian Enviro Systems AB's Operating Income for the three months ended in Jun. 2024 was kr 29.0 Mil. Scandinavian Enviro Systems AB's Interest Expense for the three months ended in Jun. 2024 was kr -0.7 Mil. Scandinavian Enviro Systems AB's Interest Coverage for the quarter that ended in Jun. 2024 was 44.01. 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.

Scandinavian Enviro Systems AB Interest Expense Historical Data

The historical data trend for Scandinavian Enviro Systems 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.

Scandinavian Enviro Systems AB Interest Expense Chart

Scandinavian Enviro Systems AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.50

-0.40

-0.17

-0.21

-3.91

Scandinavian Enviro Systems AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-1.63	-1.57	-0.11	-0.38	-0.66

Scandinavian Enviro Systems 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2.7 Mil.

Scandinavian Enviro Systems AB (OSTO:SES) 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.

Scandinavian Enviro Systems AB's Interest Expense for the three months ended in Jun. 2024 was kr-0.7 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr29.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr4.0 Mil.

Scandinavian Enviro Systems AB's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	29.001	/	-0.659
	=	44.01

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

Scandinavian Enviro Systems AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Scandinavian Enviro Systems AB (OSTO:SES) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

1HR:Germany

Address

Regnbagsgatan 8C, Goteborg, SWE, 417 55

Website

http://www.envirosystems.se

Scandinavian Enviro Systems AB functions as a recycling company in Sweden. Its technology enables changing the chemical composition and the physical phase of the tire material during the process. The company operates Modular Recycling Facilities for recovering carbon black, oil, steel and gas from waste tires.