GURUFOCUS.COM » STOCK LIST » Industrials » Construction » FM Mattsson Mora Group AB (OSTO:FMM B) » Definitions » Interest Expense

FM Mattsson Mora Group AB (OSTO:FMM B) Interest Expense : kr-17 Mil (TTM As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is FM Mattsson Mora Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. FM Mattsson Mora Group AB's interest expense for the three months ended in Mar. 2024 was kr -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-17 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. FM Mattsson Mora Group AB's Operating Income for the three months ended in Mar. 2024 was kr 47 Mil. FM Mattsson Mora Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -9 Mil. FM Mattsson Mora Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 5.33. 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.


FM Mattsson Mora Group AB Interest Expense Historical Data

The historical data trend for FM Mattsson Mora 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.

* Premium members only.

FM Mattsson Mora Group AB Interest Expense Chart

FM Mattsson Mora Group AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.44 -4.37 -5.69 -5.71 -8.16

FM Mattsson Mora 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 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 -3.80 -7.80 - - -8.80

FM Mattsson Mora 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-17 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.


FM Mattsson Mora Group AB  (OSTO:FMM B) 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.

FM Mattsson Mora Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr47 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr0 Mil.

FM Mattsson Mora Group 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*46.9/-8.8
=5.33

* 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.


FM Mattsson Mora Group AB (OSTO:FMM B) Business Description

Traded in Other Exchanges
N/A
Address
Ostnorsvagen 95, P.O. Box 480, Mora, SWE, SE-792 27
FM Mattsson Mora Group AB is engaged in the sale, manufacture and product development of water tapes under the brands FM Mattsson, Mora Armatur and Damixa. The Nordic region is the group's main market.

FM Mattsson Mora Group AB (OSTO:FMM B) Headlines

No Headlines