Investment AB Latour (OSTO:LATO B) Interest Expense : kr-380 Mil (TTM As of Mar. 2024)

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What is Investment AB Latour Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Investment AB Latour's interest expense for the three months ended in Mar. 2024 was kr -103 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-380 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. Investment AB Latour's Operating Income for the three months ended in Mar. 2024 was kr 818 Mil. Investment AB Latour's Interest Expense for the three months ended in Mar. 2024 was kr -103 Mil. Investment AB Latour's Interest Coverage for the quarter that ended in Mar. 2024 was 7.94. 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.

Investment AB Latour Interest Expense Historical Data

The historical data trend for Investment AB Latour'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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Investment AB Latour Interest Expense Chart

Investment AB Latour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-68.00

-86.00

-72.00

-106.00

-378.00

Investment AB Latour 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															-104.00	-96.00	-120.00	-61.00	-103.00

Investment AB Latour 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-380 Mil.

Investment AB Latour (OSTO:LATO 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.

Investment AB Latour's Interest Expense for the three months ended in Mar. 2024 was kr-103 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr818 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr8,219 Mil.

Investment AB Latour'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	*	818	/	-103
	=	7.94

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

Investment AB Latour (OSTO:LATO B) Business Description

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LATOBs:UK 0RQP:UK 18LB:Germany

Address

J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25

Website

http://www.latour.se

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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