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My Beat (XSAT:MYBEAT) Interest Expense : kr-1.06 Mil (TTM As of Jan. 2024)


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What is My Beat Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. My Beat's interest expense for the three months ended in Jan. 2024 was kr -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was kr-1.06 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. My Beat's Operating Income for the three months ended in Jan. 2024 was kr -2.43 Mil. My Beat's Interest Expense for the three months ended in Jan. 2024 was kr -0.30 Mil. My Beat did not have earnings to cover the interest expense. 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.


My Beat Interest Expense Historical Data

The historical data trend for My Beat'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.

My Beat Interest Expense Chart

My Beat Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Interest Expense
-0.22 -0.24 -0.19 -0.43

My Beat Quarterly Data
Apr20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Jan24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.08 -0.13 -0.19 -0.57 -0.30

My Beat 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.06 Mil.

* 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.


My Beat  (XSAT:MYBEAT) 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.

My Beat's Interest Expense for the three months ended in Jan. 2024 was kr-0.30 Mil. Its Operating Income for the three months ended in Jan. 2024 was kr-2.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was kr8.14 Mil.

My Beat's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

My Beat did not have earnings to cover the interest expense.

* 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.


My Beat Business Description

Traded in Other Exchanges
N/A
Address
Stenbackevagen, Orebro, SWE, 702 25
My Beat operates as a mobile operator that offers private individuals mobile subscriptions and mobile broadband. It offers Internet plans, voice calling, video streaming, bills payments, and other related services.

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