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Wall to Wall Group AB (OSTO:WTW A) Interest Expense : kr-11.2 Mil (TTM As of Mar. 2024)


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What is Wall to Wall Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wall to Wall Group AB's interest expense for the three months ended in Mar. 2024 was kr -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-11.2 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. Wall to Wall Group AB's Operating Income for the three months ended in Mar. 2024 was kr 5.7 Mil. Wall to Wall Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -4.6 Mil. Wall to Wall Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 1.24. 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.


Wall to Wall Group AB Interest Expense Historical Data

The historical data trend for Wall to Wall Group 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.

Wall to Wall Group AB Interest Expense Chart

Wall to Wall Group AB Annual Data
Trend Apr21 Dec22 Dec23
Interest Expense
- - -19.00

Wall to Wall Group AB Quarterly Data
Oct21 Jan22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only -31.40 -5.70 -7.10 6.20 -4.60

Wall to Wall Group 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-11.2 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.


Wall to Wall Group AB  (OSTO:WTW A) 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.

Wall to Wall Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-4.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr5.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr197.2 Mil.

Wall to Wall Group 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*5.7/-4.6
=1.24

* 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.


Wall to Wall Group AB (OSTO:WTW A) Business Description

Traded in Other Exchanges
N/A
Address
Linnegatan 2, Box 5712, Stockholm, SWE, 11487
Wall to Wall Group AB is engaged in pipe collection, pipe flushing, maintenance and sealing of ventilation ducts, as well as other complementary and related services that are sold and performed in the same market channels, such as geothermal solutions in apartment buildings.

Wall to Wall Group AB (OSTO:WTW A) Headlines

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