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Gosol Energy Group AB (XSAT:GOSOL) Interest Expense : kr Mil (TTM As of Dec. 2024)


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What is Gosol Energy Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gosol Energy Group AB's interest expense for the six months ended in Dec. 2024 was kr -0.1 Mil. Gosol Energy Group AB does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2024.

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. Gosol Energy Group AB's Operating Income for the six months ended in Dec. 2024 was kr 4.7 Mil. Gosol Energy Group AB's Interest Expense for the six months ended in Dec. 2024 was kr -0.1 Mil. Gosol Energy Group AB's Interest Coverage for the quarter that ended in Dec. 2024 was 86.87. 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.


Gosol Energy Group AB Interest Expense Historical Data

The historical data trend for Gosol Energy Group 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.

Gosol Energy Group AB Interest Expense Chart

Gosol Energy Group AB Annual Data
Trend Dec22 Dec23 Dec24
Interest Expense
-0.01 -0.01 -0.05

Gosol Energy Group AB Semi-Annual Data
Dec22 Dec23 Dec24
Interest Expense -0.01 -0.01 -0.05

Gosol Energy Group AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Gosol Energy Group AB  (XSAT:GOSOL) 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.

Gosol Energy Group AB's Interest Expense for the six months ended in Dec. 2024 was kr-0.1 Mil. Its Operating Income for the six months ended in Dec. 2024 was kr4.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was kr0.0 Mil.

Gosol Energy Group 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*4.691/-0.054
=86.87

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gosol Energy Group AB has enough cash to cover all of its debt. Its financial situation is stable.


Gosol Energy Group AB Business Description

Traded in Other Exchanges
N/A
Address
Telefonvagen 30, Stockholm, SWE, 126 26
Gosol Energy Group AB is a comprehensive supplier of energy solutions with a focus on solar cells, charging infrastructure and battery solutions for private individuals and companies.

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