Bittium (OHEL:BITTI) Interest Expense : €-1.06 Mil (TTM As of Dec. 2024)

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What is Bittium Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bittium's interest expense for the six months ended in Dec. 2024 was € -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-1.06 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. Bittium's Operating Income for the six months ended in Dec. 2024 was € 6.54 Mil. Bittium's Interest Expense for the six months ended in Dec. 2024 was € -0.36 Mil. Bittium's Interest Coverage for the quarter that ended in Dec. 2024 was 18.00. 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.

Bittium Interest Expense Historical Data

The historical data trend for Bittium'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.

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Bittium Interest Expense Chart

Bittium Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.32

-0.35

-0.39

-0.89

-1.33

Bittium Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.05	-0.40	-0.24	-0.70	-0.36

Bittium 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.06 Mil.

Bittium (OHEL:BITTI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bittium's Interest Expense for the six months ended in Dec. 2024 was €-0.36 Mil. Its Operating Income for the six months ended in Dec. 2024 was €6.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €18.03 Mil.

Bittium's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	6.535	/	-0.363
	=	18.00

The higher the ratio, the stronger the company's financial strength is.

Bittium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Bittium Corp (OHEL:BITTI) » Definitions » Interest Expense

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0JG5:UK JOT:Germany

Address

Ritaharjuntie 1, Oulu, FIN, 90590

Website

https://www.bittium.com

Bittium Corp is a Finland based company operating in the wireless business. It provides communications and connectivity solutions to customers in the Internet of Things, telecommunications, defense, and healthcare industries. The firm's product portfolio includes LTE smartphones for demanding security and public safety needs, wireless Internet protocol networks, voice over Internet protocol products, and LTE access points for tactical communications. The company develops healthcare technology solutions for biosignal measuring. Geographically, the company operates in Finland, the Americas, Other Europe, and Asia, of which a majority of the revenue is derived from the operations in Finland.

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