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Vultus AB (XSAT:VULTS) Interest Expense : kr-0.08 Mil (TTM As of Sep. 2024)


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What is Vultus AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vultus AB's interest expense for the three months ended in Sep. 2024 was kr -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was kr-0.08 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. Vultus AB's Operating Income for the three months ended in Sep. 2024 was kr -0.80 Mil. Vultus AB's Interest Expense for the three months ended in Sep. 2024 was kr -0.04 Mil. Vultus 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.


Vultus AB Interest Expense Historical Data

The historical data trend for Vultus 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.

Vultus AB Interest Expense Chart

Vultus AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- -0.04 - -0.03

Vultus AB Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - -0.03 - -0.02 -0.04

Vultus 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.08 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.


Vultus AB  (XSAT:VULTS) 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.

Vultus AB's Interest Expense for the three months ended in Sep. 2024 was kr-0.04 Mil. Its Operating Income for the three months ended in Sep. 2024 was kr-0.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was kr0.00 Mil.

Vultus AB's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Vultus 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.


Vultus AB Business Description

Traded in Other Exchanges
Address
Scheelevagen 15, Lund, SWE, 223 63
Vultus AB is an IT company. The company specializes in the development of digital platforms. The digital solutions consist, for example, of a fertilizer guide for farmers. Based on satellite and weather data, field-specific maps are created for spreading fertilizer, unique to the different needs of each field. Its products comprise of Nitrogen Prescriptions, Crop Specific Plant Health, Water Stress, and Soil Moisture.

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