Toleranzia AB (OSTO:TOL) Interest Expense : kr-0.09 Mil (TTM As of Dec. 2023)

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What is Toleranzia AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Toleranzia AB's interest expense for the three months ended in Dec. 2023 was kr -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was kr-0.09 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. Toleranzia AB's Operating Income for the three months ended in Dec. 2023 was kr -2.46 Mil. Toleranzia AB's Interest Expense for the three months ended in Dec. 2023 was kr -0.01 Mil. Toleranzia 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.

Toleranzia AB Interest Expense Historical Data

The historical data trend for Toleranzia 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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Toleranzia AB Interest Expense Chart

Toleranzia AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.04

-0.02

-0.10

Toleranzia AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	-0.07	-0.01

Toleranzia 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-0.09 Mil.

Toleranzia AB (OSTO:TOL) 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.

Toleranzia AB's Interest Expense for the three months ended in Dec. 2023 was kr-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was kr-2.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was kr0.85 Mil.

Toleranzia AB's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

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

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

Toleranzia AB (OSTO:TOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Toleranzia AB (OSTO:TOL) » Definitions » Interest Expense

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Address

Erik Dahlbergsgatan 11A, Gothenburg, SWE, SE-411 26

Website

https://www.toleranzia.com

Toleranzia AB is a pharmaceutical company based in Sweden. The company's drug candidate, TOL2, is being developed for the treatment of the autoimmune neuromuscular disease myasthenia gravis, an orphan disease.