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ZignSec AB (OSTO:ZIGN) Interest Expense : kr-1.40 Mil (TTM As of Mar. 2024)


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What is ZignSec AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ZignSec AB's interest expense for the three months ended in Mar. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1.40 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. ZignSec AB's Operating Income for the three months ended in Mar. 2024 was kr -20.00 Mil. ZignSec AB's Interest Expense for the three months ended in Mar. 2024 was kr 0.00 Mil. GuruFocus does not calculate ZignSec AB's interest coverage with the available data. 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.


ZignSec AB Interest Expense Historical Data

The historical data trend for ZignSec 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.

ZignSec AB Interest Expense Chart

ZignSec AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - -0.08 -0.53 -2.53

ZignSec 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 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 -0.50 - -1.40 - -

ZignSec 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-1.40 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.


ZignSec AB  (OSTO:ZIGN) 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.

ZignSec AB's Interest Expense for the three months ended in Mar. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-20.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr7.00 Mil.

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

GuruFocus does not calculate ZignSec AB's interest coverage with the available data.

* 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.


ZignSec AB (OSTO:ZIGN) Business Description

Traded in Other Exchanges
Address
Gävlegatan 12 B, Stockholm, SWE, 113 30
ZignSec AB is a technology group in the fast-growing RegTech industry. The company provides SaaS platform with digital real-time solutions for customer due diligence and ID verification. The solutions are used by companies that in turn can optimize their processes for onboarding both corporate customers and consumers. The company solutions ensure compliance with ever-changing local and regulatory requirements for KYC and AML (Anti Money Laundering).

ZignSec AB (OSTO:ZIGN) Headlines

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