Sinch AB (LTS:0RBI) Interest Expense : kr-538 Mil (TTM As of Mar. 2024)

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What is Sinch AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinch AB's interest expense for the three months ended in Mar. 2024 was kr -464 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-538 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. Sinch AB's Operating Income for the three months ended in Mar. 2024 was kr 160 Mil. Sinch AB's Interest Expense for the three months ended in Mar. 2024 was kr -464 Mil. Sinch AB's Interest Coverage for the quarter that ended in Mar. 2024 was 0.34. 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.

Sinch AB Interest Expense Historical Data

The historical data trend for Sinch 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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Sinch AB Interest Expense Chart

Sinch AB Annual Data

Trend

Jun13

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Dec23

Interest Expense

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-28.79

-37.73

-59.00

-392.00

-673.00

Sinch 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															-599.00	-892.00	-1,064.00	1,882.00	-464.00

Sinch 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-538 Mil.

Sinch AB (LTS:0RBI) 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.

Sinch AB's Interest Expense for the three months ended in Mar. 2024 was kr-464 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr160 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr3,570 Mil.

Sinch 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	*	160	/	-464
	=	0.34

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

Sinch AB (LTS:0RBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sinch AB (LTS:0RBI) » Definitions » Interest Expense

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Traded in Other Exchanges

SINCH:Sweden SINCHs:UK 1I9A:Germany

Address

Lindhagensgatan 74, Stockholm, SWE, 112 18

Website

https://www.sinch.com

Sinch AB provides cloud communication services and solutions to enterprises and mobile operators. The Sinch organization has following segments: Messaging, Voice and Video and Email and Small and Medium-sized businesses and others. Messaging and Voice and Video address the enterprise market and combine programmable APIs and cloud services to easily build global communications, including messaging and voice and video services into applications and business processes. The Messaging segment derives the majority of revenue from fees for handling messages and executing and handling personalized and dynamic video and MMS messages for enterprises.

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