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Tingsvalvet Fastighets AB (OSTO:TINGS B) Interest Expense : kr-60.5 Mil (TTM As of Dec. 2024)


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What is Tingsvalvet Fastighets AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tingsvalvet Fastighets AB's interest expense for the three months ended in Dec. 2024 was kr -16.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was kr-60.5 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. Tingsvalvet Fastighets AB's Operating Income for the three months ended in Dec. 2024 was kr 30.4 Mil. Tingsvalvet Fastighets AB's Interest Expense for the three months ended in Dec. 2024 was kr -16.6 Mil. Tingsvalvet Fastighets AB's Interest Coverage for the quarter that ended in Dec. 2024 was 1.83. 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.


Tingsvalvet Fastighets AB Interest Expense Historical Data

The historical data trend for Tingsvalvet Fastighets 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.

Tingsvalvet Fastighets AB Interest Expense Chart

Tingsvalvet Fastighets AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -11.18 -12.38 -19.69 -41.06 -61.16

Tingsvalvet Fastighets 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 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 -11.98 -13.21 -15.36 -15.32 -16.63

Tingsvalvet Fastighets 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-60.5 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.


Tingsvalvet Fastighets AB  (OSTO:TINGS 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.

Tingsvalvet Fastighets AB's Interest Expense for the three months ended in Dec. 2024 was kr-16.6 Mil. Its Operating Income for the three months ended in Dec. 2024 was kr30.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was kr1,169.0 Mil.

Tingsvalvet Fastighets 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*30.351/-16.626
=1.83

* 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 to be at least 5. Tingsvalvet Fastighets AB interest coverage is 1.76, which is low.


Tingsvalvet Fastighets AB Business Description

Traded in Other Exchanges
Address
c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46
Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

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