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Sibek AB (publ) (OSTO:SIBEK) Interest Expense : kr Mil (TTM As of Apr. 2023)


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What is Sibek AB (publ) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sibek AB (publ)'s interest expense for the six months ended in Apr. 2023 was kr -0.0 Mil. Sibek AB (publ) does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Apr. 2023.

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. Sibek AB (publ)'s Operating Income for the six months ended in Apr. 2023 was kr 14.8 Mil. Sibek AB (publ)'s Interest Expense for the six months ended in Apr. 2023 was kr -0.0 Mil. Sibek AB (publ)'s Interest Coverage for the quarter that ended in Apr. 2023 was 3,690.50. 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.


Sibek AB (publ) Interest Expense Historical Data

The historical data trend for Sibek AB (publ)'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.

Sibek AB (publ) Interest Expense Chart

Sibek AB (publ) Annual Data
Trend Apr22 Apr23
Interest Expense
- -

Sibek AB (publ) Semi-Annual Data
Apr22 Apr23
Interest Expense - -

Sibek AB (publ) Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Sibek AB (publ)  (OSTO:SIBEK) 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.

Sibek AB (publ)'s Interest Expense for the six months ended in Apr. 2023 was kr-0.0 Mil. Its Operating Income for the six months ended in Apr. 2023 was kr14.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Apr. 2023 was kr0.0 Mil.

Sibek AB (publ)'s Interest Coverage for the quarter that ended in Apr. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Apr. 2023 )/Interest Expense (Q: Apr. 2023 )
=-1*14.762/-0.004
=3,690.50

* 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.

Good Sign:

Sibek AB (publ) has no debt.


Sibek AB (publ) (OSTO:SIBEK) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Polygonvagen 39, Taby, SWE, 187 66
Sibek AB (publ) is a technology consultancy operating in infrastructure, specifically railways. The company specializes in the Swedish railway's signaling system. The single largest customer is the Swedish Transport Administration, followed by the Swedish Transport Administration (SL) within the Stockholm Region. This is followed by other actors operating within Swedish railways, such as contracting companies, signaling system suppliers and other technology consulting companies. The services the Company delivers can be mainly divided into: COMMISSIONING, PROJECTING, and PROJECT AND CONSTRUCTION MANAGEMENT.

Sibek AB (publ) (OSTO:SIBEK) Headlines

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