Finnair Oyj (OHEL:FIA1S) Interest Expense : €-133 Mil (TTM As of Mar. 2024)

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What is Finnair Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Finnair Oyj's interest expense for the three months ended in Mar. 2024 was € -28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-133 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. Finnair Oyj's Operating Income for the three months ended in Mar. 2024 was € -44 Mil. Finnair Oyj's Interest Expense for the three months ended in Mar. 2024 was € -28 Mil. Finnair Oyj 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.

Finnair Oyj Interest Expense Historical Data

The historical data trend for Finnair Oyj'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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Finnair Oyj Interest Expense Chart

Finnair Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-78.10

-67.60

-88.40

-108.20

-116.70

Finnair Oyj 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															-36.70	-36.10	-35.90	-33.50	-27.70

Finnair Oyj 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 €-133 Mil.

Finnair Oyj (OHEL:FIA1S) 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.

Finnair Oyj's Interest Expense for the three months ended in Mar. 2024 was €-28 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,679 Mil.

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

Finnair Oyj did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Finnair Oyjs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Finnair Oyj (OHEL:FIA1S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Finnair Oyj (OHEL:FIA1S) » Definitions » Interest Expense

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FNNNF:USA 0EG8:UK FAI:Germany

Address

Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053

Website

https://company.finnair.com/en

Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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