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Paran Solar Lighting AB (XSAT:PARA BTA) Interest Expense : kr-0.23 Mil (TTM As of Mar. 2021)


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What is Paran Solar Lighting AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Paran Solar Lighting AB's interest expense for the three months ended in Mar. 2021 was kr -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2021 was kr-0.23 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. Paran Solar Lighting AB's Operating Income for the three months ended in Mar. 2021 was kr -6.15 Mil. Paran Solar Lighting AB's Interest Expense for the three months ended in Mar. 2021 was kr -0.01 Mil. Paran Solar Lighting 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.


Paran Solar Lighting AB Interest Expense Historical Data

The historical data trend for Paran Solar Lighting 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.

Paran Solar Lighting AB Interest Expense Chart

Paran Solar Lighting AB Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -1.26 -0.56 -0.36

Paran Solar Lighting AB Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.13 -0.01 -0.07 -0.01

Paran Solar Lighting 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.23 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.


Paran Solar Lighting AB  (XSAT:PARA BTA) 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.

Paran Solar Lighting AB's Interest Expense for the three months ended in Mar. 2021 was kr-0.01 Mil. Its Operating Income for the three months ended in Mar. 2021 was kr-6.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2021 was kr0.00 Mil.

Paran Solar Lighting AB's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Paran Solar Lighting AB 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.


Paran Solar Lighting AB Business Description

Traded in Other Exchanges
N/A
Address
Kampegatan 4C, Goteborg, SWE, 41104
Parans Solar Lighting AB is engaged in the development and sale of an environmental system that makes natural light available to indoor environments. Its products include receivers, cables, and luminaires.

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