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Webrock Ventures AB (OSTO:WRV) Interest Expense : kr Mil (TTM As of Mar. 2024)


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What is Webrock Ventures AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Webrock Ventures AB's interest expense for the three months ended in Mar. 2024 was kr -0.08 Mil. Webrock Ventures AB does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Webrock Ventures AB's Operating Income for the three months ended in Mar. 2024 was kr -19.89 Mil. Webrock Ventures AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.08 Mil. Webrock Ventures 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.


Webrock Ventures AB Interest Expense Historical Data

The historical data trend for Webrock Ventures 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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Webrock Ventures AB Interest Expense Chart

Webrock Ventures AB Annual Data
Trend
Interest Expense

Webrock Ventures AB Quarterly Data
Mar20 Sep20 Mar21 Jun21 Sep21 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.02 - - - -0.08

Webrock Ventures AB Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Webrock Ventures AB  (OSTO:WRV) 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.

Webrock Ventures AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-19.89 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

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

Webrock Ventures 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.


Webrock Ventures AB (OSTO:WRV) Business Description

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Webrock Ventures AB is a venture studio that starts and builds companies. It invests in large, growing sectors with immense potential for value creation, and positive social and economic impact. Further, it uses the proven business models and technology of Swedish companies to gain a head start in Brazil's rapidly growing digital industry.

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