Vaisala Oyj (OHEL:VAIAS) Interest Expense : €-6.7 Mil (TTM As of Mar. 2024)

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What is Vaisala Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vaisala Oyj's interest expense for the three months ended in Mar. 2024 was € -2.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-6.7 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. Vaisala Oyj's Operating Income for the three months ended in Mar. 2024 was € 7.0 Mil. Vaisala Oyj's Interest Expense for the three months ended in Mar. 2024 was € -2.0 Mil. Vaisala Oyj's Interest Coverage for the quarter that ended in Mar. 2024 was 3.50. 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.

Vaisala Oyj Interest Expense Historical Data

The historical data trend for Vaisala 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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Vaisala Oyj Interest Expense Chart

Vaisala Oyj Annual Data

Trend

Dec14

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Dec19

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Dec23

Interest Expense

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-0.60

-1.00

-10.80

-11.90

Vaisala 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															-4.60	-1.40	-1.00	-2.30	-2.00

Vaisala 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 €-6.7 Mil.

Vaisala Oyj (OHEL:VAIAS) 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.

Vaisala Oyj's Interest Expense for the three months ended in Mar. 2024 was €-2.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was €7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €58.6 Mil.

Vaisala Oyj'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	*	7	/	-2
	=	3.50

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

Vaisala Oyj (OHEL:VAIAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vaisala Oyj (OHEL:VAIAS) » Definitions » Interest Expense

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Traded in Other Exchanges

VAIAF:USA VAYA:Germany

Address

Vanha Nurmijarventie 21, P.O. Box 26, Vantaa, FIN, 01670

Website

https://www.vaisala.com

Vaisala Oyj operates through Weather and Environment Business Area and Industrial Measurements Business Area segments. The company has two operating segments which are based on the type of business operations: Industrial Measurements business area and Weather and Environment business area. Industrial Measurements Business Area serves customers who operate in industries in which the monitoring of conditions is crucial to optimize operational efficiency, product quality, and energy consumption. Vaisala generates the majority of revenue through the weather segment and its business across is amplifying worldwide.

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