GURUFOCUS.COM » STOCK LIST » Technology » Software » TietoEVRY Corp (FRA:TTEB) » Definitions » Interest Expense

TietoEVRY (FRA:TTEB) Interest Expense : €-46 Mil (TTM As of Mar. 2025)


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

What is TietoEVRY Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TietoEVRY's interest expense for the three months ended in Mar. 2025 was € -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was €-46 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. TietoEVRY's Operating Income for the three months ended in Mar. 2025 was € 26 Mil. TietoEVRY's Interest Expense for the three months ended in Mar. 2025 was € -10 Mil. TietoEVRY's Interest Coverage for the quarter that ended in Mar. 2025 was 2.54. 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.


TietoEVRY Interest Expense Historical Data

The historical data trend for TietoEVRY'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.

TietoEVRY Interest Expense Chart

TietoEVRY 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 -24.40 -25.30 -22.80 -57.60 -50.60

TietoEVRY Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -14.40 -8.90 -14.30 -12.90 -10.30

TietoEVRY 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-46 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.


TietoEVRY  (FRA:TTEB) 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.

TietoEVRY's Interest Expense for the three months ended in Mar. 2025 was €-10 Mil. Its Operating Income for the three months ended in Mar. 2025 was €26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was €607 Mil.

TietoEVRY's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*26.2/-10.3
=2.54

* 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.


TietoEVRY Business Description

Address
Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101
TietoEVRY Corp is a Finland-based digital services and software company. It serves thousands of enterprise and public sector customers in more than 90 countries. Tietoevry Group is comprised of five operating segments: Tietoevry Create, Tietoevry Banking, Tietoevry Care, Tietoevry Industry, and Tietoevry Tech Services. The maximum revenue is derived from the Tietoevry Tech Services segment. Tietoevry Tech Services is a Nordic multi-cloud platform provider with a full range of infrastructure choices at scale aiming to ensure resilience, security, and compliance for customers' business. Its business comprises application and data services, cloud platforms and security services, traditional Infrastructure services, and user experience services.

TietoEVRY Headlines

No Headlines