Candles Scandinavia B (OSTO:CANDLE B) Interest Expense : kr-3.5 Mil (TTM As of Jan. 2024)

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What is Candles Scandinavia B Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Candles Scandinavia B's interest expense for the three months ended in Jan. 2024 was kr -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was kr-3.5 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. Candles Scandinavia B's Operating Income for the three months ended in Jan. 2024 was kr -2.0 Mil. Candles Scandinavia B's Interest Expense for the three months ended in Jan. 2024 was kr -2.0 Mil. Candles Scandinavia B 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.

Candles Scandinavia B Interest Expense Historical Data

The historical data trend for Candles Scandinavia B'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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Candles Scandinavia B Interest Expense Chart

Candles Scandinavia B Annual Data

Trend

Apr20

Apr21

Apr22

Interest Expense

-1.25

-2.49

-1.52

Candles Scandinavia B Quarterly Data
	Apr20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial										-	-1.48	-0.04	-0.02	-1.95

Candles Scandinavia B 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-3.5 Mil.

Candles Scandinavia B (OSTO:CANDLE B) 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.

Candles Scandinavia B's Interest Expense for the three months ended in Jan. 2024 was kr-2.0 Mil. Its Operating Income for the three months ended in Jan. 2024 was kr-2.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was kr0.0 Mil.

Candles Scandinavia B's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Candles Scandinavia B did not have earnings to cover the interest expense.

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

Candles Scandinavia B (OSTO:CANDLE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candles Scandinavia B (OSTO:CANDLE B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cv-Gatan 38 B, Orebro, SWE, 703 82

Website

https://www.candles.se

Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.

Candles Scandinavia B (OSTO:CANDLE B) Headlines

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