Piippo Oyj (OHEL:PIIPPO) Interest Expense: €-0.20 Mil (TTM As of Sep. 2022)

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What is Piippo Oyj Interest Expense?

Piippo Oyj OHEL:PIIPPO Interest Expense is €-0.20 Mil as of Sep. 2022.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Piippo Oyj's interest expense for the six months ended in Sep. 2022 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was €-0.20 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. Piippo Oyj's Operating Income for the six months ended in Sep. 2022 was € 0.00 Mil. Piippo Oyj's Interest Expense for the six months ended in Sep. 2022 was € 0.00 Mil. GuruFocus does not calculate Piippo Oyj's interest coverage with the available data. 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.

Piippo Oyj  (OHEL:PIIPPO) 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.

Piippo Oyj's Interest Expense for the six months ended in Sep. 2022 was €0.00 Mil. Its Operating Income for the six months ended in Sep. 2022 was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2022 was €2.42 Mil.

Piippo Oyj's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

GuruFocus does not calculate Piippo Oyj's interest coverage with the available data.

* 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.

Piippo Oyj Interest Expense Historical Data

* Premium members only.

The historical data trend for Piippo 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.

Piippo Oyj Interest Expense Chart

Piippo Oyj Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Sep22
Interest Expense
Get a 7-Day Free Trial -0.07 -0.10 -0.11 -0.11 -0.16

Piippo Oyj Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep22
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 -0.02 -0.06 -0.10 -0.10 0.00

Piippo 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.20 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.20 Mil mean?
Piippo Oyj (OHEL:PIIPPO) has a Interest Expense of €-0.20 Mil as of Sep. 2022. Interest Expense is the amount a company pays on its long-term debt. View historical data on Piippo Oyj and its competitors.
Is Piippo Oyj's Interest Expense too high?
Piippo Oyj's current Interest Expense is €-0.20 Mil.
How does Piippo Oyj's Interest Expense compare to MBLY and APTV?
Piippo Oyj's Interest Expense of €-0.20 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Manufacturing - Apparel & Accessories company?
A good Interest Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Piippo Oyj and its competitors. Piippo Oyj's current Interest Expense is €-0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piippo Oyj stock overvalued right now?
Piippo Oyj (OHEL:PIIPPO) has a current Interest Expense of €-0.20 Mil. The current Interest Expense is €-0.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Piippo Oyj (OHEL:PIIPPO), the current Interest Expense is €-0.20 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Piippo Oyj Business Description

Address Sysmajarventie 3, Outokumpu, FIN, 83500
Piippo Oyj operates in the agricultural twines, net wraps, synthetic ropes and yarns, cables and wires, among others.