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Ponsse Oyj (OHEL:PON1V) Interest Expense : €-14.3 Mil (TTM As of Sep. 2024)


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What is Ponsse Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ponsse Oyj's interest expense for the three months ended in Sep. 2024 was € -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-14.3 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. Ponsse Oyj's Operating Income for the three months ended in Sep. 2024 was € 18.5 Mil. Ponsse Oyj's Interest Expense for the three months ended in Sep. 2024 was € -2.7 Mil. Ponsse Oyj's Interest Coverage for the quarter that ended in Sep. 2024 was 6.75. 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.

Ponsse Oyj Interest Expense Historical Data

The historical data trend for Ponsse 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.

* Premium members only.

Ponsse Oyj Interest Expense Chart

Ponsse Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -1.42 -0.54 -0.92 -4.43

Ponsse Oyj 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.65 -3.15 -3.78 -4.59 -2.75

Ponsse 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-14.3 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.

Ponsse Oyj  (OHEL:PON1V) 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.

Ponsse Oyj's Interest Expense for the three months ended in Sep. 2024 was €-2.7 Mil. Its Operating Income for the three months ended in Sep. 2024 was €18.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €66.2 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*18.533/-2.746
=6.75

* 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.

Ponsse Oyj Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ponsse Oyj (OHEL:PON1V) » Definitions » Interest Expense
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OHEL:KELAS CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A TSE:6326 SHSE:600031 CNHI SZSE:000425 OHEL:METSO SZSE:000157 AGCO OSK XTER:KGX HKSE:03808 SHSE:600066
Traded in Other Exchanges
PSSEF:USA 0FNZ:UK PNS:Germany
Address
Ponssentie 22, Vierema, FIN, FI-74200
Website
https://www.ponsse.com
Ponsse Oyj is engaged in the development, manufacture, sales, designing, and servicing of forest machines, other metal products, machine control systems, vehicle PC equipment, and different types of separate systems and software. The company's products include harvesters, forwarders, dual machines, harvester heads, cranes and loaders, information systems, and bioenergy products. The company divides its business activities into four geographical segments, namely Northern Europe, Central & Southern Europe, North & South America and Other countries. The Northern Europe Segment generated maximum revenue.

Ponsse Oyj Headlines

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