Omavings Bank (OHEL:OMASP) Interest Expense : €-145.0 Mil (TTM As of Sep. 2024)

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What is Omavings Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Omavings Bank's interest expense for the three months ended in Sep. 2024 was € -35.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-145.0 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. Omavings Bank's Operating Income for the three months ended in Sep. 2024 was € Mil. Omavings Bank's Interest Expense for the three months ended in Sep. 2024 was € Mil. 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.

Omavings Bank Interest Expense Historical Data

The historical data trend for Omavings Bank'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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Omavings Bank Interest Expense Chart

Omavings Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.83

-4.99

-4.78

-16.95

-125.46

Omavings Bank 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															-35.37	-41.68	-33.34	-34.75	-35.28

Omavings Bank 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 €-145.0 Mil.

Omavings Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oma Savings Bank PLC (OHEL:OMASP) » Definitions » Interest Expense

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OM0:Germany

Address

Valtakatu 32, Lappeenranta, FIN, 53100

Website

https://www.omasp.fi

Oma Savings Bank PLC is a Finnish savings bank. The company focuses predominantly on retail banking operations and provides its clients with a broad range of banking services. The products offered by the company include credit, investment, online banking, and loan insurance among others. It is also engaged in mortgage banking operations.

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