Arjo AB (STU:A39) Interest Expense : €-20.2 Mil (TTM As of Mar. 2024)

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What is Arjo AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arjo AB's interest expense for the three months ended in Mar. 2024 was € -3.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-20.2 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. Arjo AB's Operating Income for the three months ended in Mar. 2024 was € 22.2 Mil. Arjo AB's Interest Expense for the three months ended in Mar. 2024 was € -3.9 Mil. Arjo AB's Interest Coverage for the quarter that ended in Mar. 2024 was 5.70. 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.

Arjo AB Interest Expense Historical Data

The historical data trend for Arjo 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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Arjo AB Interest Expense Chart

Arjo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-12.98

-13.96

-8.47

-10.46

-23.51

Arjo 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															-4.46	-4.29	-5.75	-6.26	-3.89

Arjo 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 €-20.2 Mil.

Arjo AB (STU:A39) 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.

Arjo AB's Interest Expense for the three months ended in Mar. 2024 was €-3.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was €22.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €71.4 Mil.

Arjo 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	*	22.18	/	-3.888
	=	5.70

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

Arjo AB (STU:A39) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Arjo AB (STU:A39) » Definitions » Interest Expense

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Traded in Other Exchanges

ARRJF:USA ARJO B:Sweden ARJOBs:UK 0HQ8:UK

Address

Hans Michelsensgatan 10, Malmo, SWE, SE-211 20

Website

https://www.arjo.com

Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

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