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Tele2 AB (Tele2 AB) Interest Expense

: $-100 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tele2 AB's interest expense for the three months ended in Dec. 2023 was $ -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-100 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. Tele2 AB's Operating Income for the three months ended in Dec. 2023 was $ 131 Mil. Tele2 AB's Interest Expense for the three months ended in Dec. 2023 was $ -28 Mil. Tele2 AB's Interest Coverage for the quarter that ended in Dec. 2023 was 4.63. 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.


Tele2 AB Interest Expense Historical Data

The historical data trend for Tele2 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.

Tele2 AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -51.21 -58.59 -51.05 -58.88 -103.53

Tele2 AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -19.85 -21.29 -24.05 -26.07 -28.27

Tele2 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-100 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.


Tele2 AB  (OTCPK:TLTZY) 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.

Tele2 AB's Interest Expense for the three months ended in Dec. 2023 was $-28 Mil. Its Operating Income for the three months ended in Dec. 2023 was $131 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,480 Mil.

Tele2 AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*130.927/-28.272
=4.63

* 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.


Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.