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OSG (FRA:OSG) Interest Expense : €-1.8 Mil (TTM As of May. 2024)


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What is OSG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OSG's interest expense for the three months ended in May. 2024 was € -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in May. 2024 was €-1.8 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. OSG's Operating Income for the three months ended in May. 2024 was € 33.6 Mil. OSG's Interest Expense for the three months ended in May. 2024 was € -0.4 Mil. OSG's Interest Coverage for the quarter that ended in May. 2024 was 82.17. 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.


OSG Interest Expense Historical Data

The historical data trend for OSG'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.

OSG Interest Expense Chart

OSG Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.70 -1.97 -1.96 -1.96 -1.86

OSG Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.45 -0.57 -0.44 -0.41 -0.40

OSG 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.8 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.


OSG  (FRA:OSG) 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.

OSG's Interest Expense for the three months ended in May. 2024 was €-0.4 Mil. Its Operating Income for the three months ended in May. 2024 was €33.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in May. 2024 was €263.6 Mil.

OSG's Interest Coverage for the quarter that ended in May. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: May. 2024 )/Interest Expense (Q: May. 2024 )
=-1*33.607/-0.409
=82.17

* 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.


OSG Business Description

Traded in Other Exchanges
Address
3-22 Honnogahara, Toyokawa-City, Tokyo, JPN, 4428543
OSG Corp manufactures and sells consumable tools. The company's products include taps, drills, end mills, indexables, dies, gauges, and other tooling systems used in machine tools. Its products are used in the automotive, die and mold, aerospace, energy, and heavy industries. Its largest end markets are Japan and the rest of Asia.