Scandinavian Tobacco Group A/S (OCSE:STG) Interest Expense : kr-143 Mil (TTM As of Mar. 2024)

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What is Scandinavian Tobacco Group A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Scandinavian Tobacco Group A/S's interest expense for the three months ended in Mar. 2024 was kr -69 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-143 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. Scandinavian Tobacco Group A/S's Operating Income for the three months ended in Mar. 2024 was kr 234 Mil. Scandinavian Tobacco Group A/S's Interest Expense for the three months ended in Mar. 2024 was kr -69 Mil. Scandinavian Tobacco Group A/S's Interest Coverage for the quarter that ended in Mar. 2024 was 3.38. 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.

Scandinavian Tobacco Group A/S Interest Expense Historical Data

The historical data trend for Scandinavian Tobacco Group 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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Scandinavian Tobacco Group A/S Interest Expense Chart

Scandinavian Tobacco Group A/S Annual Data

Trend

Dec14

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Dec16

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Dec19

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Dec22

Dec23

Interest Expense

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-75.70

-91.40

-100.30

-114.90

-162.30

Scandinavian Tobacco Group A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-88.10	-65.40	-105.70	96.90	-69.20

Scandinavian Tobacco Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-143 Mil.

Scandinavian Tobacco Group A/S (OCSE:STG) 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.

Scandinavian Tobacco Group A/S's Interest Expense for the three months ended in Mar. 2024 was kr-69 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr234 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr4,146 Mil.

Scandinavian Tobacco Group A/S's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	234.2	/	-69.2
	=	3.38

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

Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Scandinavian Tobacco Group A/S (OCSE:STG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

STBGY:USA SNDVF:USA 0RES:UK 8ZI:Germany

Address

Sandtoften 9, Gentofte, DNK, 2820

Website

https://www.st-group.com

Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.