Martela Oyj (OHEL:MARAS) Interest Expense : €-1.51 Mil (TTM As of Dec. 2024)

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What is Martela Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Martela Oyj's interest expense for the three months ended in Dec. 2024 was € -0.54 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-1.51 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. Martela Oyj's Operating Income for the three months ended in Dec. 2024 was € -1.76 Mil. Martela Oyj's Interest Expense for the three months ended in Dec. 2024 was € -0.54 Mil. Martela Oyj did not have earnings to cover the interest expense. 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.

Martela Oyj Interest Expense Historical Data

The historical data trend for Martela 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.

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Martela Oyj Interest Expense Chart

Martela Oyj Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.57

-0.47

-0.55

-0.72

-0.69

Martela Oyj Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-0.35	-0.31	-0.32	-0.35	-0.54

Martela 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.51 Mil.

Martela Oyj (OHEL:MARAS) 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.

Martela Oyj's Interest Expense for the three months ended in Dec. 2024 was €-0.54 Mil. Its Operating Income for the three months ended in Dec. 2024 was €-1.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was €13.45 Mil.

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

Martela Oyj did not have earnings to cover the interest expense.

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

Martela Oyj Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Martela Oyj (OHEL:MARAS) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Miestentie 1, P.O. Box 44, Espoo, FIN, 02150

Website

https://www.martela.fi

Martela Oyj is engaged in designing and implementing workplace and learning environments. The company supplies user-centric solutions to today's workplaces, mobile work, and activity-based offices. The company also offers the widest selection of services supporting changes in interior planning as well as supporting maintenance. The total offering comprises the change of the whole workplace from its specification and planning to implementation and maintenance. The company generates revenue from Finland, Sweden, Norway, and other countries, with the majority of revenue earned in Finland.

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