Ework Group AB (LTS:0MCB) Interest Expense : kr-32 Mil (TTM As of Mar. 2024)

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What is Ework Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ework Group 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-32 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. Ework Group AB's Operating Income for the three months ended in Mar. 2024 was kr 45 Mil. Ework Group AB's Interest Expense for the three months ended in Mar. 2024 was kr 0 Mil. GuruFocus does not calculate Ework Group AB's interest coverage with the available data. 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.

Ework Group AB Interest Expense Historical Data

The historical data trend for Ework Group 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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Ework Group AB Interest Expense Chart

Ework Group AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-10.00

-7.12

-4.20

-6.56

-38.20

Ework Group 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															-1.71	-	-16.29	-15.92	-

Ework Group 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-32 Mil.

Ework Group AB (LTS:0MCB) 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.

Ework Group 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 kr45 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr23 Mil.

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

GuruFocus does not calculate Ework Group AB's interest coverage with the available data.

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

Ework Group AB (LTS:0MCB) Business Description

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EWRK:Sweden

Address

Master Samuelsgatan 60, Stockholm, SWE, 111 21

Website

https://www.eworkgroup.com

Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (LTS:0MCB) Headlines

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