GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pohjanmaan Arvo Sijoitusosuuskunta (OHEL:ARVOSK) » Definitions » Interest Expense

Pohjanmaan Arvo Sijoitusosuuskunta (OHEL:ARVOSK) Interest Expense : €-0.81 Mil (TTM As of Jun. 2024)


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What is Pohjanmaan Arvo Sijoitusosuuskunta Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Pohjanmaan Arvo Sijoitusosuuskunta's interest expense for the six months ended in Jun. 2024 was € -0.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.81 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. Pohjanmaan Arvo Sijoitusosuuskunta's Operating Income for the six months ended in Jun. 2024 was € 1.05 Mil. Pohjanmaan Arvo Sijoitusosuuskunta's Interest Expense for the six months ended in Jun. 2024 was € -0.45 Mil. Pohjanmaan Arvo Sijoitusosuuskunta's Interest Coverage for the quarter that ended in Jun. 2024 was 2.35. 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.

Pohjanmaan Arvo Sijoitusosuuskunta Interest Expense Historical Data

The historical data trend for Pohjanmaan Arvo Sijoitusosuuskunta'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.

Pohjanmaan Arvo Sijoitusosuuskunta Interest Expense Chart

Pohjanmaan Arvo Sijoitusosuuskunta Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -2.14 -0.13 -0.10 -0.12 -0.51

Pohjanmaan Arvo Sijoitusosuuskunta Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.04 -0.08 -0.15 -0.36 -0.45

Pohjanmaan Arvo Sijoitusosuuskunta 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.81 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.

Pohjanmaan Arvo Sijoitusosuuskunta  (OHEL:ARVOSK) 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.

Pohjanmaan Arvo Sijoitusosuuskunta's Interest Expense for the six months ended in Jun. 2024 was €-0.45 Mil. Its Operating Income for the six months ended in Jun. 2024 was €1.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €12.96 Mil.

Pohjanmaan Arvo Sijoitusosuuskunta's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*1.045/-0.445
=2.35

* 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.

Pohjanmaan Arvo Sijoitusosuuskunta Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pohjanmaan Arvo Sijoitusosuuskunta (OHEL:ARVOSK) » Definitions » Interest Expense
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OHEL:KHG OHEL:ALEX OHEL:SPRING OHEL:UNITED OHEL:TITAN BLK BX OSTO:INVE A KKR TSX:BN APO BK AMP XSWX:PGHN LSE:III OSTO:EQT TROW STT ARES BOM:543940
Traded in Other Exchanges
N/A
Address
Kauppakatu 10, Ylivieska, FIN, 84100
Website
https://www.arvosijoitus.fi
Pohjanmaan Arvo Sijoitusosuuskunta is a regional investment and development company that creates added value for owners and vitality for the region through its operations. Arvo contributes to regional well-being in two ways: by allocating part of its investments to unlisted companies operating in the economic regions of Northern and Central Ostrobothnia, and by paying the largest part of its profit to its members annually as unit interest. It is a long-term investor who invests from his own balance sheet. The central goal of the cooperative's investment activities is to achieve an annual return in accordance with the investment strategy and a stable increase in shareholder value.

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