TagMaster AB (OSTO:TAGM B) Interest Expense : kr-5.9 Mil (TTM As of Mar. 2024)

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What is TagMaster AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TagMaster AB's interest expense for the three months ended in Mar. 2024 was kr -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-5.9 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. TagMaster AB's Operating Income for the three months ended in Mar. 2024 was kr -1.8 Mil. TagMaster AB's Interest Expense for the three months ended in Mar. 2024 was kr -2.0 Mil. TagMaster AB 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.

TagMaster AB Interest Expense Historical Data

The historical data trend for TagMaster 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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TagMaster AB Interest Expense Chart

TagMaster AB Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-2.70

-2.80

-2.41

-2.70

-4.25

TagMaster 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															-0.59	-1.76	-0.86	-1.36	-1.97

TagMaster 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-5.9 Mil.

TagMaster AB (OSTO:TAGM 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.

TagMaster AB's Interest Expense for the three months ended in Mar. 2024 was kr-2.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr-1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr39.4 Mil.

TagMaster AB's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

TagMaster AB did not have earnings to cover the interest expense.

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

TagMaster AB (OSTO:TAGM B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TagMaster AB (OSTO:TAGM B) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Kronborgsgrand 11, Kista, SWE, 164 46

Website

https://www.tagmaster.com

TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.

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