Intrum AB (STU:IJU) Interest Expense : €-330 Mil (TTM As of Mar. 2024)

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What is Intrum AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Intrum AB's interest expense for the three months ended in Mar. 2024 was € -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-330 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. Intrum AB's Operating Income for the three months ended in Mar. 2024 was € 173 Mil. Intrum AB's Interest Expense for the three months ended in Mar. 2024 was € -83 Mil. Intrum AB's Interest Coverage for the quarter that ended in Mar. 2024 was 2.08. 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.

Intrum AB Interest Expense Historical Data

The historical data trend for Intrum 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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Intrum AB Interest Expense Chart

Intrum AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-164.97

-199.82

-206.90

-235.96

-326.39

Intrum 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															-69.72	-72.68	-84.45	-90.02	-83.33

Intrum 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 €-330 Mil.

Intrum AB (STU:IJU) 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.

Intrum AB's Interest Expense for the three months ended in Mar. 2024 was €-83 Mil. Its Operating Income for the three months ended in Mar. 2024 was €173 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €4,673 Mil.

Intrum 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	*	173.108	/	-83.329
	=	2.08

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Intrum ABs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Intrum AB (STU:IJU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Intrum AB (STU:IJU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ITJTY:USA INTRUM:Sweden INTRUs:UK 0H9P:UK IJU:Germany

Address

Sicklastraket 4, Nacka, Stockholm, SWE, 131 54

Website

https://www.intrum.com

Intrum AB is a provider of credit management and related financial services. The company operates in three segments: credit management services, which provide services such as credit optimization and payment collection to ensure that customers pay companies; portfolio investments, which purchases overdue debts; and strategic markets, which focus on growing business in Greece, Italy, and Spain. The majority of revenue comes from the Portfolio Investments segment, specifically within the banking and credit card industries. Intrum AB operates throughout Europe, with some business in Brazil.

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