Aquaticus Real Estate AB (XSAT:AQUAT) Interest Expense : kr-12.20 Mil (TTM As of Mar. 2024)

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What is Aquaticus Real Estate AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aquaticus Real Estate AB's interest expense for the three months ended in Mar. 2024 was kr -3.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-12.20 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. Aquaticus Real Estate AB's Operating Income for the three months ended in Mar. 2024 was kr 11.05 Mil. Aquaticus Real Estate AB's Interest Expense for the three months ended in Mar. 2024 was kr -3.05 Mil. Aquaticus Real Estate AB's Interest Coverage for the quarter that ended in Mar. 2024 was 3.62. 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.

Aquaticus Real Estate AB Interest Expense Historical Data

The historical data trend for Aquaticus Real Estate 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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Aquaticus Real Estate AB Interest Expense Chart

Aquaticus Real Estate AB Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-6.10

-12.20

Aquaticus Real Estate AB Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-3.05	-3.05	-3.05	-3.05	-3.05

Aquaticus Real Estate 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-12.20 Mil.

Aquaticus Real Estate AB (XSAT:AQUAT) 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.

Aquaticus Real Estate AB's Interest Expense for the three months ended in Mar. 2024 was kr-3.05 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr11.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

Aquaticus Real Estate AB'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	*	11.05	/	-3.053
	=	3.62

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Aquaticus Real Estate AB interest coverage is 3.33, which is low.

Aquaticus Real Estate AB (XSAT:AQUAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aquaticus Real Estate AB (XSAT:AQUAT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Arctic Business Management, Regeringsgatan 38, Stockholm, SWE, 111 56

Website

https://www.aquaticus.se

Aquaticus Real Estate AB is a Swedish real estate company that owns, manages and leases the office property.

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