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Alleima AB (Alleima AB) Interest Expense : $-20 Mil (TTM As of Mar. 2024)


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What is Alleima AB Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alleima AB's interest expense for the three months ended in Mar. 2024 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-20 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. Alleima AB's Operating Income for the three months ended in Mar. 2024 was $ 12 Mil. Alleima AB's Interest Expense for the three months ended in Mar. 2024 was $ -9 Mil. Alleima AB's Interest Coverage for the quarter that ended in Mar. 2024 was 1.42. 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.

Alleima AB Interest Expense Historical Data

The historical data trend for Alleima 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.

* Premium members only.

Alleima AB Interest Expense Chart

Alleima AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-24.17 -14.59 -8.80 -2.99 -6.92

Alleima AB Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.40 -3.62 -3.25 -4.87 -8.55

Alleima 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 $-20 Mil.

* 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.

Alleima AB  (OTCPK:SAMHF) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Alleima AB's Interest Expense for the three months ended in Mar. 2024 was $-9 Mil. Its Operating Income for the three months ended in Mar. 2024 was $12 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $108 Mil.

Alleima 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*12.102/-8.548
=1.42

* 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.

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

Alleima AB (Alleima AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Alleima AB (OTCPK:SAMHF) » Definitions » Interest Expense
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OSTO:BEGR OSTO:SSAB A NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF TPE:2002 SZSE:000708 SHSE:600010 BUE:TXAR JSE:KIO CLF TSE:5411 BOM:532286
Traded in Other Exchanges
ALLEI:Sweden M46:Germany
Address
Storgatan 2, Sandviken, SWE, SE-811 81
Website
https://www.alleima.com
Alleima AB is a developer, manufacturer, and supplier of high-value-added products in advanced stainless steels and special alloys as well as products for industrial heating. The company's products are sold in approximately 90 countries across the globe. The company's offering includes products like seamless steel tubes for the energy, chemical, and aerospace industries, precision strip steel for white goods compressors, air conditioners and knife applications, based on more than 900 active alloy recipes.

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