Acroud AB (OSTO:ACROUD) Interest Expense : kr-41.6 Mil (TTM As of Mar. 2024)

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What is Acroud AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acroud AB's interest expense for the three months ended in Mar. 2024 was kr -8.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-41.6 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. Acroud AB's Operating Income for the three months ended in Mar. 2024 was kr 32.1 Mil. Acroud AB's Interest Expense for the three months ended in Mar. 2024 was kr -8.7 Mil. Acroud AB's Interest Coverage for the quarter that ended in Mar. 2024 was 3.70. 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.

Acroud AB Interest Expense Historical Data

The historical data trend for Acroud 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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Acroud AB Interest Expense Chart

Acroud AB Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-26.99

-27.06

-25.61

-41.83

-43.73

Acroud 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															-12.02	-12.47	-11.63	-8.78	-8.69

Acroud 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-41.6 Mil.

Acroud AB (OSTO:ACROUD) 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.

Acroud AB's Interest Expense for the three months ended in Mar. 2024 was kr-8.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr32.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr196.0 Mil.

Acroud 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	*	32.139	/	-8.691
	=	3.70

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Acroud ABs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Acroud AB (OSTO:ACROUD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acroud AB (OSTO:ACROUD) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

PO Box 7385, Stockholm, SWE, SE-103 91

Website

https://www.acroud.com

Acroud AB owns, operates and develops comparison sites primarily within iGaming affiliation in order to help its partners by driving users to the company's customers - primarily gaming operators. The operating business segments are igaming affiliation and SaaS segment. The iGaming Affiliation Segment is the underlying affiliate business containing the traditional business areas, Poker, Sports Betting and Casino. The SaaS segment comprises the B2B software solutions to other affiliates and increase their growth and profit with technology base.

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