Sweco AB (OSTO:SWEC B) Interest Expense : kr-276 Mil (TTM As of Mar. 2024)

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What is Sweco AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sweco AB's interest expense for the three months ended in Mar. 2024 was kr -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-276 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. Sweco AB's Operating Income for the three months ended in Mar. 2024 was kr 775 Mil. Sweco AB's Interest Expense for the three months ended in Mar. 2024 was kr -68 Mil. Sweco AB's Interest Coverage for the quarter that ended in Mar. 2024 was 11.40. 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.

Sweco AB Interest Expense Historical Data

The historical data trend for Sweco 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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Sweco AB Interest Expense Chart

Sweco AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-109.00

-85.00

-65.00

-78.00

-244.00

Sweco AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-37.00	-58.00	-69.00	-81.00	-68.00

Sweco 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-276 Mil.

Sweco AB (OSTO:SWEC 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.

Sweco AB's Interest Expense for the three months ended in Mar. 2024 was kr-68 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr775 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr4,626 Mil.

Sweco AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	775	/	-68
	=	11.40

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

Sweco AB (OSTO:SWEC B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sweco AB (OSTO:SWEC B) » Definitions » Interest Expense

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SWEC A:Sweden 0H0G:UK 7W71:Germany

Address

Gjorwellsgatan 22, Box 34044, Stockholm, SWE, SE-100 26

Website

https://www.swecogroup.com

Sweco AB offers consulting, engineering services, technology, and architecture. It designs buildings, city districts, and transportation infrastructure to meet customers' needs. The company's planning and project management capabilities help to supply forecasts and site supervision. Part of the process focuses on providing the right conditions and climate for people to live and work in. Modern technical solutions help supply clean water, reliable energy supply, and resource-efficient industrial facilities to transform structures. The company's segments are sorted geographically: Sweden, Norway, Finland, Denmark, the Netherlands, Belgium, United Kingdom, and Germany and Central Europe. The largest portion of sales derives from Sweden, and the region is a focal point for profitability.

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