I Love Lund AB (XSAT:LOVE B) Interest Expense : kr-0.02 Mil (TTM As of Mar. 2024)

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What is I Love Lund AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. I Love Lund AB's interest expense for the three months ended in Mar. 2024 was kr 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.02 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. I Love Lund AB's Operating Income for the three months ended in Mar. 2024 was kr -2.01 Mil. I Love Lund AB's Interest Expense for the three months ended in Mar. 2024 was kr 0.00 Mil. I Love Lund AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

I Love Lund AB Interest Expense Historical Data

The historical data trend for I Love Lund 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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I Love Lund AB Interest Expense Chart

I Love Lund AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.02

-0.03

I Love Lund AB Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial					-0.03	-0.02	-	-	-

I Love Lund 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 kr-0.02 Mil.

I Love Lund AB (XSAT:LOVE B) 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.

I Love Lund AB's Interest Expense for the three months ended in Mar. 2024 was kr0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-2.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

I Love Lund AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

I Love Lund AB had no long-term debt ⁽¹⁾.

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

I Love Lund AB (XSAT:LOVE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » I Love Lund AB (XSAT:LOVE B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Hospitalsgatan 2, Lund, SWE, 223 53

Website

https://www.ilovelund.se

I Love Lund AB is an investment company that invests in companies based in Lund. It invests broadly across all sectors and with the main focus on pre-seed companies. The portfolio's return objective is to achieve a return over a business cycle that is as good as equivalent references.

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