K2A Knaust & Andersson Fastigheter (OSTO:K2A B) Interest Expense : kr-195.7 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is K2A Knaust & Andersson Fastigheter Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. K2A Knaust & Andersson Fastigheter's interest expense for the three months ended in Mar. 2024 was kr -50.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-195.7 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. K2A Knaust & Andersson Fastigheter's Operating Income for the three months ended in Mar. 2024 was kr 63.7 Mil. K2A Knaust & Andersson Fastigheter's Interest Expense for the three months ended in Mar. 2024 was kr -50.7 Mil. K2A Knaust & Andersson Fastigheter's Interest Coverage for the quarter that ended in Mar. 2024 was 1.26. 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.

K2A Knaust & Andersson Fastigheter Interest Expense Historical Data

The historical data trend for K2A Knaust & Andersson Fastigheter'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.

K2A Knaust & Andersson Fastigheter Interest Expense Chart

K2A Knaust & Andersson Fastigheter Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-45.30

-57.60

-78.00

-132.30

-286.20

K2A Knaust & Andersson Fastigheter 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															-43.00	-51.40	-44.30	-49.30	-50.70

K2A Knaust & Andersson Fastigheter 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-195.7 Mil.

K2A Knaust & Andersson Fastigheter (OSTO:K2A 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.

K2A Knaust & Andersson Fastigheter's Interest Expense for the three months ended in Mar. 2024 was kr-50.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr63.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr4,652.3 Mil.

K2A Knaust & Andersson Fastigheter'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	*	63.7	/	-50.7
	=	1.26

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. K2A Knaust & Andersson Fastigheter interest coverage is 1.31, which is low.

K2A Knaust & Andersson Fastigheter (OSTO:K2A B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » K2A Knaust & Andersson Fastigheter (OSTO:K2A B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

K2A.PREF.PFD:Sweden

Address

Nybrogatan 59, Stockholm, SWE, 114 40

Website

http://www.k2a.se

K2A Knaust & Andersson Fastigheter is a real estate company. It is engaged in long-term management of self-produced rental units for different accommodations. It also develops & offers modern, functional homes with efficient customer-oriented management.

K2A Knaust & Andersson Fastigheter (OSTO:K2A B) Headlines

No Headlines