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LED iBond International A/S (OCSE:LEDIBOND) Interest Expense : kr-0.59 Mil (TTM As of Mar. 2024)


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What is LED iBond International A/S Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LED iBond International A/S's interest expense for the three months ended in Mar. 2024 was kr -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-0.59 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. LED iBond International A/S's Operating Income for the three months ended in Mar. 2024 was kr -3.95 Mil. LED iBond International A/S's Interest Expense for the three months ended in Mar. 2024 was kr -0.01 Mil. LED iBond International A/S 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.


LED iBond International A/S Interest Expense Historical Data

The historical data trend for LED iBond International A/S'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.

LED iBond International A/S Interest Expense Chart

LED iBond International A/S Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -3.78 -4.82 -2.14 -0.78 -0.81

LED iBond International A/S 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 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 -0.21 -0.26 -0.02 -0.30 -0.01

LED iBond International A/S 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-0.59 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.


LED iBond International A/S  (OCSE:LEDIBOND) 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.

LED iBond International A/S's Interest Expense for the three months ended in Mar. 2024 was kr-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-3.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr7.83 Mil.

LED iBond International A/S's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

LED iBond International A/S did not have earnings to cover the interest expense.

* 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.


LED iBond International A/S (OCSE:LEDIBOND) Business Description

Traded in Other Exchanges
N/A
Address
Agern Alle 5A, Horsholm, DNK, 2970
LED iBond International A/S is a Danish technology company that offers solutions for integrating light and data, based on its deep knowledge of modern LED technology and many years of development. The patented technology includes the lightest and thinnest LED, offering a value proposition combining total design flexibility, full IoT integration, and low total costs of ownership. Its technology has been deployed in many projects, ranging from intelligent shelf lighting to large-scale indoor illumination projects such as the installation of 3.2 kilometers of Tracy, the company's flagship product, at DTU, the Technical University of Denmark.

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