GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kemira Oyj (FRA:KEM) » Definitions » Interest Expense

Kemira Oyj (FRA:KEM) Interest Expense : €-27 Mil (TTM As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Kemira Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kemira Oyj's interest expense for the three months ended in Dec. 2024 was € -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-27 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. Kemira Oyj's Operating Income for the three months ended in Dec. 2024 was € 67 Mil. Kemira Oyj's Interest Expense for the three months ended in Dec. 2024 was € -5 Mil. Kemira Oyj's Interest Coverage for the quarter that ended in Dec. 2024 was 13.10. 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.


Kemira Oyj Interest Expense Historical Data

The historical data trend for Kemira 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.

* Premium members only.

Kemira Oyj Interest Expense Chart

Kemira Oyj Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.20 -29.20 -37.20 -44.90 -38.40

Kemira Oyj Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.60 -8.30 -6.60 -6.90 -5.10

Kemira 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-27 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.


Kemira Oyj  (FRA:KEM) 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.

Kemira Oyj's Interest Expense for the three months ended in Dec. 2024 was €-5 Mil. Its Operating Income for the three months ended in Dec. 2024 was €67 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €547 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*66.8/-5.1
=13.10

* 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.


Kemira Oyj Business Description

Traded in Other Exchanges
Address
Energiakatu 4, P.O. Box 330, Helsinki, FIN, 00180
Kemira Oyj is a chemicals company serving customers in water-intensive industries. It provides expertise in applications and chemicals that improve customers' efficient use of water, energy, and raw materials. Its product offerings include biocides, barrier coatings, biocides and preservatives for pulp and paper, bleaching chemicals, chemical flocculants, defoamers, etc. Along with its subsidiaries, the company's operating business segments are; Pulp & Paper and Industry & Water. Maximum revenue is generated from its Pulp & Paper segment which offers additives, biocides, preservatives, and other chemicals for the pulp and paper industry. Geographically, the company derives its key revenue from EMEA (Europe, Middle East, Africa) followed by the Americas and the Asia-Pacific region.

Kemira Oyj Headlines