Tendo AB (XSAT:TENDO) Interest Expense : kr-0.42 Mil (TTM As of Mar. 2024)

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What is Tendo AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tendo AB's interest expense for the three months ended in Mar. 2024 was kr -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.42 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. Tendo AB's Operating Income for the three months ended in Mar. 2024 was kr -2.11 Mil. Tendo AB's Interest Expense for the three months ended in Mar. 2024 was kr -0.25 Mil. Tendo 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.

Tendo AB Interest Expense Historical Data

The historical data trend for Tendo 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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Tendo AB Interest Expense Chart

Tendo AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.01

-0.05

-0.01

-0.16

Tendo AB Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-	-	-	-0.16	-0.25

Tendo 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-0.42 Mil.

Tendo AB (XSAT:TENDO) 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.

Tendo AB's Interest Expense for the three months ended in Mar. 2024 was kr-0.25 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-2.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0.00 Mil.

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

Tendo AB did not have earnings to cover the interest expense.

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

Tendo AB (XSAT:TENDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tendo AB (XSAT:TENDO) » Definitions » Interest Expense

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Traded in Other Exchanges

7ZO:Germany

Address

Scheelevagen 15, Lund, SWE, 22363

Website

https://www.tendoforpeople.se

Tendo AB is a medical technology company that develops robotic medical devices. It is in the process of developing the product Tendo OneGrip, a glove with a so-called integrated exoskeleton, which assists people with limited hand function as a result of a spinal cord injury.

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