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Vaisala Oyj (LTS:0GEG) Interest Expense : €-8.0 Mil (TTM As of Sep. 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 Sep. 2024 was € -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-8.0 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 Sep. 2024 was € 24.0 Mil. Vaisala Oyj's Interest Expense for the three months ended in Sep. 2024 was € -1.9 Mil. Vaisala Oyj's Interest Coverage for the quarter that ended in Sep. 2024 was 12.63. 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.

* Premium members only.

Vaisala Oyj Interest Expense Chart

Vaisala Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -1.00 -1.00 -10.80 -11.90

Vaisala Oyj Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -1.90 -2.30 -2.00 -1.80 -1.90

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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8.0 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.

Vaisala Oyj  (LTS:0GEG) 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.

Vaisala Oyj's Interest Expense for the three months ended in Sep. 2024 was €-1.9 Mil. Its Operating Income for the three months ended in Sep. 2024 was €24.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €43.2 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*24/-1.9
=12.63

* 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.

Vaisala Oyj Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vaisala Oyj (LTS:0GEG) » Definitions » Interest Expense
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Traded in Other Exchanges
VAIAS:Finland 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. Weather and Environment business area serves selected weather-dependent customers where accurate, real-time, uninterrupted, and reliable weather data is essential to run efficient operations. Vaisala generates the majority of revenue through the weather and environment business segment.

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