Aalborg Boldspilklub A/S (OCSE:AAB) Interest Expense : kr-1.49 Mil (TTM As of Dec. 2023)

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What is Aalborg Boldspilklub A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aalborg Boldspilklub A/S's interest expense for the six months ended in Dec. 2023 was kr -0.41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-1.49 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. Aalborg Boldspilklub A/S's Operating Income for the six months ended in Dec. 2023 was kr -10.34 Mil. Aalborg Boldspilklub A/S's Interest Expense for the six months ended in Dec. 2023 was kr -0.41 Mil. Aalborg Boldspilklub A/S 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.

Aalborg Boldspilklub A/S Interest Expense Historical Data

The historical data trend for Aalborg Boldspilklub A/S'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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Aalborg Boldspilklub A/S Interest Expense Chart

Aalborg Boldspilklub A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.54

-0.63

-0.62

-0.80

-1.49

Aalborg Boldspilklub A/S Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.33	-2.98	2.18	-1.08	-0.41

Aalborg Boldspilklub A/S 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 semi-annually data reported by the company within the most recent 12 months, which was kr-1.49 Mil.

Aalborg Boldspilklub A/S (OCSE:AAB) 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.

Aalborg Boldspilklub A/S's Interest Expense for the six months ended in Dec. 2023 was kr-0.41 Mil. Its Operating Income for the six months ended in Dec. 2023 was kr-10.34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was kr29.45 Mil.

Aalborg Boldspilklub A/S's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Aalborg Boldspilklub A/S did not have earnings to cover the interest expense.

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

Aalborg Boldspilklub A/S (OCSE:AAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aalborg Boldspilklub A/S (OCSE:AAB) » Definitions » Interest Expense

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Address

Hornevej 2, Aalborg East, DNK, 9220

Website

http://www.aabsport.dk

Aalborg Boldspilklub A/S is a Denamrk based firm which is engaged in entertainment and sports activities, Its operations includes organisation and operation of sports such as football, ice hockey, rental of function rooms and lounges for conferences & leases out facilities as sports hotels.

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