Ziccum AB (OSTO:ZICC) Interest Expense : kr-0.03 Mil (TTM As of Jun. 2024)

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What is Ziccum AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ziccum AB's interest expense for the three months ended in Jun. 2024 was kr -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was kr-0.03 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. Ziccum AB's Operating Income for the three months ended in Jun. 2024 was kr -7.62 Mil. Ziccum AB's Interest Expense for the three months ended in Jun. 2024 was kr -0.03 Mil. Ziccum AB did not have earnings to cover the interest expense. 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.

Ziccum AB Interest Expense Historical Data

The historical data trend for Ziccum 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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Ziccum AB Interest Expense Chart

Ziccum AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.05

-0.02

Ziccum AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-0.03

Ziccum 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.03 Mil.

Ziccum AB (OSTO:ZICC) 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.

Ziccum AB's Interest Expense for the three months ended in Jun. 2024 was kr-0.03 Mil. Its Operating Income for the three months ended in Jun. 2024 was kr-7.62 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was kr0.00 Mil.

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

Ziccum AB did not have earnings to cover the interest expense.

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

Ziccum AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Ziccum AB (OSTO:ZICC) » Definitions » Interest Expense

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Address

Scheelevagen 15, LUND, SWE, 223 70

Website

http://ziccum.com

Ziccum AB develops dry powder preparations of biological pharmaceuticals. It develops and commercializes the patented spray drying technology known as LaminarPace.

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