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Signatur Fastigheter AB (OSTO:SIGN B) Interest Expense : kr-15.47 Mil (TTM As of Jun. 2021)


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What is Signatur Fastigheter AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signatur Fastigheter AB's interest expense for the three months ended in Jun. 2021 was kr -4.98 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was kr-15.47 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. Signatur Fastigheter AB's Operating Income for the three months ended in Jun. 2021 was kr 7.40 Mil. Signatur Fastigheter AB's Interest Expense for the three months ended in Jun. 2021 was kr -4.98 Mil. Signatur Fastigheter AB's Interest Coverage for the quarter that ended in Jun. 2021 was 1.49. 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.


Signatur Fastigheter AB Interest Expense Historical Data

The historical data trend for Signatur Fastigheter 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.

Signatur Fastigheter AB Interest Expense Chart

Signatur Fastigheter AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.87 -0.98 -7.83 -9.63 -13.64

Signatur Fastigheter AB Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -3.39 -4.01 -3.18 -3.30 -4.98

Signatur Fastigheter 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-15.47 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.


Signatur Fastigheter AB  (OSTO:SIGN 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.

Signatur Fastigheter AB's Interest Expense for the three months ended in Jun. 2021 was kr-4.98 Mil. Its Operating Income for the three months ended in Jun. 2021 was kr7.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was kr699.52 Mil.

Signatur Fastigheter AB's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*7.399/-4.975
=1.49

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Signatur Fastigheter AB interest coverage is 1.29, which is low.


Signatur Fastigheter AB (OSTO:SIGN B) Business Description

Traded in Other Exchanges
N/A
Address
Stjarnplan 3, Limhamn, SWE, 216 18
Signatur Fastigheter AB is a real estate company providing housing and community properties. The company's property portfolio includes housing, industrial and office.

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