Sleep Cycle AB (OSTO:SLEEP) Interest Expense : kr-0.7 Mil (TTM As of Dec. 2024)

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What is Sleep Cycle AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sleep Cycle AB's interest expense for the three months ended in Dec. 2024 was kr -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-0.7 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. Sleep Cycle AB's Operating Income for the three months ended in Dec. 2024 was kr 21.5 Mil. Sleep Cycle AB's Interest Expense for the three months ended in Dec. 2024 was kr -0.1 Mil. Sleep Cycle AB's Interest Coverage for the quarter that ended in Dec. 2024 was 157.25. 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.

Sleep Cycle AB Interest Expense Historical Data

The historical data trend for Sleep Cycle 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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Sleep Cycle AB Interest Expense Chart

Sleep Cycle AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.15

-0.08

-0.14

-1.21

-0.69

Sleep Cycle AB Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.78	-0.17	-0.23	-0.15	-0.14

Sleep Cycle 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.7 Mil.

Sleep Cycle AB (OSTO:SLEEP) 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.

Sleep Cycle AB's Interest Expense for the three months ended in Dec. 2024 was kr-0.1 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr21.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr7.4 Mil.

Sleep Cycle AB's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	21.543	/	-0.137
	=	157.25

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sleep Cycle AB has enough cash to cover all of its debt. Its financial situation is stable.

Sleep Cycle AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sleep Cycle AB (OSTO:SLEEP) » Definitions » Interest Expense

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1CW:Germany

Address

Drakegatan 10, Gothenburg, SWE, 412 50

Website

https://www.sleepcycle.com

Sleep Cycle AB is a sleep tracker application. It helps people understand their sleep habits and improve their sleep. The mobile application helps users fall asleep more easily, tracks sleep patterns through the night, and wakes up users in the light-sleep phase, providing valuable insights designed to improve sleep quality. Geographically group operates in Sweden and other countries in which key revenue is generated from Sweden.

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