Thinc Collective AB (XSAT:THINC) Interest Expense : kr-0.8 Mil (TTM As of Mar. 2024)

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What is Thinc Collective AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thinc Collective AB's interest expense for the three months ended in Mar. 2024 was kr -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.8 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. Thinc Collective AB's Operating Income for the three months ended in Mar. 2024 was kr -1.7 Mil. Thinc Collective AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.2 Mil. Thinc Collective 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.

Thinc Collective AB Interest Expense Historical Data

The historical data trend for Thinc Collective 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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Thinc Collective AB Interest Expense Chart

Thinc Collective AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.07

-0.23

-0.19

-0.29

-0.93

Thinc Collective AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.08	-0.15	-0.19	-0.44	-0.18

Thinc Collective 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-0.8 Mil.

Thinc Collective AB (XSAT:THINC) 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.

Thinc Collective AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr2.1 Mil.

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

Thinc Collective AB did not have earnings to cover the interest expense.

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

Thinc Collective AB (XSAT:THINC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinc Collective AB (XSAT:THINC) » Definitions » Interest Expense

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Address

Södra Hamngatan 35, Gothenburg, SWE, 411 10

Website

https://www.thinccollective.se

Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.

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