Readly International AB (CHIX:READS) Interest Expense : kr-2.3 Mil (TTM As of Dec. 2023)

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What is Readly International AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Readly International AB's interest expense for the three months ended in Dec. 2023 was kr 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-2.3 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. Readly International AB's Operating Income for the three months ended in Dec. 2023 was kr 19.3 Mil. Readly International AB's Interest Expense for the three months ended in Dec. 2023 was kr 0.0 Mil. GuruFocus does not calculate Readly International AB's interest coverage with the available data. 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.

Readly International AB Interest Expense Historical Data

The historical data trend for Readly International 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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Readly International AB Interest Expense Chart

Readly International AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.39

-6.65

-7.22

-3.88

-1.72

Readly International AB Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-4.23	-0.83	-	-1.49	-

Readly International 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-2.3 Mil.

Readly International AB (CHIX:READs) 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.

Readly International AB's Interest Expense for the three months ended in Dec. 2023 was kr0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr19.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr6.9 Mil.

Readly International AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GuruFocus does not calculate Readly International AB's interest coverage with the available data.

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

Readly International AB (CHIX:READS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Readly International AB (CHIX:READs) » Definitions » Interest Expense

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Traded in Other Exchanges

READ:Sweden 5GS1:Germany

Address

Kungsgatan 17, PO Box 33 41, Stockholm, SWE, 111 43

Website

https://readly.com

Readly International AB is a provider of digital subscription services that offer access to digital magazines and newspapers. Its subscription gives the user unlimited access to thousands of magazines in around 16 local languages. Geographically company derived its revenue from Germany, UK, Sweden, France, and Others.

Readly International AB (CHIX:READS) Headlines

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