Swedish Match AB (Swedish Match AB) Interest Expense : $-36 Mil (TTM As of Sep. 2022)

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What is Swedish Match AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swedish Match AB's interest expense for the three months ended in Sep. 2022 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-36 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. Swedish Match AB's Operating Income for the three months ended in Sep. 2022 was $ 219 Mil. Swedish Match AB's Interest Expense for the three months ended in Sep. 2022 was $ -9 Mil. Swedish Match AB's Interest Coverage for the quarter that ended in Sep. 2022 was 25.47. 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.

Swedish Match AB Interest Expense Historical Data

The historical data trend for Swedish Match 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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Swedish Match AB Interest Expense Chart

Swedish Match AB Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Interest Expense

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-46.35

-37.65

-35.73

-45.20

-40.27

Swedish Match AB Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial															-10.64	-8.80	-9.72	-9.27	-8.62

Swedish Match 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36 Mil.

Swedish Match AB (OTCPK:SWMAY) 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.

Swedish Match AB's Interest Expense for the three months ended in Sep. 2022 was $-9 Mil. Its Operating Income for the three months ended in Sep. 2022 was $219 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $1,236 Mil.

Swedish Match AB's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	219.43	/	-8.616
	=	25.47

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

Swedish Match AB (Swedish Match AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Swedish Match AB (OTCPK:SWMAY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sveavagen 44, 8th Floor, Stockholm, SWE, SE-118 85

Website

https://www.swedishmatch.com

Swedish Match AB is primarily a smokeless tobacco company. It does not sell cigarettes. Its products include snus, moist snuff, chewing tobacco, cigars, and lighters and matches. Swedish Match's largest markets are Scandinavia and the United States, which collectively account for roughly 85% of the company's total revenue. Key brands include general (snus), longhorn (moist snuff), red Man (chewing tobacco), garcia y vega (cigars), and cricket (lighters). The company produces its products in Sweden, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines.