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Kjell Group AB (OSTO:KJELL) Interest Expense : kr-34 Mil (TTM As of Mar. 2024)


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What is Kjell Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kjell Group AB's interest expense for the three months ended in Mar. 2024 was kr -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-34 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. Kjell Group AB's Operating Income for the three months ended in Mar. 2024 was kr -13 Mil. Kjell Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -3 Mil. Kjell Group 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.


Kjell Group AB Interest Expense Historical Data

The historical data trend for Kjell Group 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.

Kjell Group AB Interest Expense Chart

Kjell Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -67.40 -61.28 -48.75 -27.61 -40.85

Kjell Group AB Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only -2.20 -10.08 -11.85 -9.61 -2.50

Kjell Group 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-34 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.


Kjell Group AB  (OSTO:KJELL) 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.

Kjell Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr617 Mil.

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

Kjell Group 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.


Kjell Group AB (OSTO:KJELL) Business Description

Traded in Other Exchanges
N/A
Address
Tarnogatan 6, Malmo, SWE, SE-211 24
Kjell Group AB is engaged in providing consumer electronics accessories. It operates in three segments: Sweden, Norway, and Denmark. The segments encompass sales via service points in Sweden and Norway and online-generated sales in each country. The majority of its revenue is derived from Sweden.

Kjell Group AB (OSTO:KJELL) Headlines

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