Lyko Group AB (OSTO:LYKO A) Interest Expense : kr-46 Mil (TTM As of Mar. 2024)

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What is Lyko Group AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lyko Group AB's interest expense for the three months ended in Mar. 2024 was kr -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-46 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. Lyko Group AB's Operating Income for the three months ended in Mar. 2024 was kr 16 Mil. Lyko Group AB's Interest Expense for the three months ended in Mar. 2024 was kr -21 Mil. Lyko Group AB's Interest Coverage for the quarter that ended in Mar. 2024 was 0.74. 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.

Lyko Group AB Interest Expense Historical Data

The historical data trend for Lyko 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.

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Lyko Group AB Interest Expense Chart

Lyko Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-7.30

-10.30

-10.40

-15.40

-29.30

Lyko 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															-4.80	-10.40	-6.70	-7.70	-21.30

Lyko 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-46 Mil.

Lyko Group AB (OSTO:LYKO A) 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.

Lyko Group AB's Interest Expense for the three months ended in Mar. 2024 was kr-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr701 Mil.

Lyko 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	*	15.8	/	-21.3
	=	0.74

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

Lyko Group AB (OSTO:LYKO A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lyko Group AB (OSTO:LYKO A) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kyrkbyvagen, Vansbro, SWE, 178050

Website

https://www.lyko.se

Lyko Group AB is engaged in offering beauty products. The Group operates the website Lyko.com as well as around 33 wholly-owned integrated stores and salons in Sweden and Norway. It operates in two segments: Online and Retail, of which the majority of its revenue comes from the Online segment.

Lyko Group AB (OSTO:LYKO A) Headlines

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