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Huhtamaki Oyj (LTS:0K9W) Interest Expense : €-87 Mil (TTM As of Sep. 2024)


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What is Huhtamaki Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Huhtamaki Oyj's interest expense for the three months ended in Sep. 2024 was € -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-87 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. Huhtamaki Oyj's Operating Income for the three months ended in Sep. 2024 was € 95 Mil. Huhtamaki Oyj's Interest Expense for the three months ended in Sep. 2024 was € -19 Mil. Huhtamaki Oyj's Interest Coverage for the quarter that ended in Sep. 2024 was 4.98. 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.

Huhtamaki Oyj Interest Expense Historical Data

The historical data trend for Huhtamaki 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.

Huhtamaki Oyj Interest Expense Chart

Huhtamaki 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 -34.50 -34.80 -30.10 -51.90 -80.30

Huhtamaki 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 -20.60 -21.90 -25.60 -20.20 -19.10

Huhtamaki 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 €-87 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.

Huhtamaki Oyj  (LTS:0K9W) 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.

Huhtamaki Oyj's Interest Expense for the three months ended in Sep. 2024 was €-19 Mil. Its Operating Income for the three months ended in Sep. 2024 was €95 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €1,325 Mil.

Huhtamaki 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*95.2/-19.1
=4.98

* 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.

Huhtamaki Oyj Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huhtamaki Oyj (LTS:0K9W) » Definitions » Interest Expense
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Traded in Other Exchanges
HUH1Vh:UK HUH1V:Finland HUKI:Germany
Address
Revontulenkuja 1, Espoo, FIN, 02100
Website
https://www.huhtamaki.com
Huhtamäki Oyj, a Finland-based company, manufactures and sells consumer packaging products through three segments. The Fiber Foodservice Europe, Asia, and Oceania segment specializes in high-quality paperboard and molded fiber packaging for fresh food and beverages. The company serves retail tableware, food service, and consumer goods packaging markets in North America. The Flexible Packaging segment offers a variety of products including light and flexible packaging materials, pouches, labels for food and beverages, coffee packaging, pet food packaging, barrier packaging, retort pouches, and healthcare product packaging.

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