Storytel AB (OSTO:STORY B) Interest Expense : kr-50 Mil (TTM As of Mar. 2024)

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What is Storytel AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Storytel AB's interest expense for the three months ended in Mar. 2024 was kr 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-50 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. Storytel AB's Operating Income for the three months ended in Mar. 2024 was kr -18 Mil. Storytel AB's Interest Expense for the three months ended in Mar. 2024 was kr 0 Mil. Storytel AB has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Storytel AB Interest Expense Historical Data

The historical data trend for Storytel 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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Storytel AB Interest Expense Chart

Storytel AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-12.88

-12.61

-9.09

-40.51

-65.81

Storytel AB 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															-16.22	-	-14.35	-35.71	-

Storytel 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-50 Mil.

Storytel AB (OSTO:STORY B) 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.

Storytel AB's Interest Expense for the three months ended in Mar. 2024 was kr0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0 Mil.

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

Storytel AB had no long-term debt ⁽¹⁾.

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

Storytel AB (OSTO:STORY B) Business Description

Industry

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Traded in Other Exchanges

DST:Germany

Address

Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51

Website

https://www.storytel.com/in/en

Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.

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