SAABY (Saab AB) Interest Expense : $-59 Mil (TTM As of Dec. 2024)

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What is Saab AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saab AB's interest expense for the three months ended in Dec. 2024 was $ -32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-59 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. Saab AB's Operating Income for the three months ended in Dec. 2024 was $ 174 Mil. Saab AB's Interest Expense for the three months ended in Dec. 2024 was $ -32 Mil. Saab AB's Interest Coverage for the quarter that ended in Dec. 2024 was 5.39. 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.

Saab AB Interest Expense Historical Data

The historical data trend for Saab 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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Saab AB Interest Expense Chart

Saab AB Annual Data

Trend

Dec15

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Dec17

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Dec20

Dec21

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Dec23

Dec24

Interest Expense

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-33.96

-32.13

-29.58

-51.28

-50.89

Saab 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															-12.77	-3.65	-15.07	-8.31	-32.23

Saab 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 $-59 Mil.

Saab AB (OTCPK:SAABY) 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.

Saab AB's Interest Expense for the three months ended in Dec. 2024 was $-32 Mil. Its Operating Income for the three months ended in Dec. 2024 was $174 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $862 Mil.

Saab 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	*	173.782	/	-32.226
	=	5.39

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

Saab AB Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

SAABF:USA SAAB B:Sweden SAABBs:UK 0GWL:UK SDV1:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab's sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.