NFO Drives AB (XSAT:NFO) Interest Expense : kr0.56 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is NFO Drives AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NFO Drives 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 kr0.56 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. NFO Drives AB's Operating Income for the three months ended in Mar. 2024 was kr -0.78 Mil. NFO Drives AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.00 Mil. NFO Drives AB 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.

NFO Drives AB Interest Expense Historical Data

The historical data trend for NFO Drives 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.

NFO Drives AB Interest Expense Chart

NFO Drives AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.10

-0.26

-0.22

-0.28

-0.06

NFO Drives 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															-0.46	-	-0.39	0.95	-

NFO Drives 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 kr0.56 Mil.

NFO Drives AB (XSAT:NFO) 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.

NFO Drives AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-0.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

NFO Drives AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

NFO Drives AB did not have earnings to cover the interest expense.

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

NFO Drives AB (XSAT:NFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NFO Drives AB (XSAT:NFO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tubba Square 5, Karlshamn, SWE, 37432

Website

http://www.nfodrives.se

NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.

NFO Drives AB (XSAT:NFO) Headlines

No Headlines