Raute Oyj (OHEL:RAUTE) Interest Expense : €0.0 Mil (TTM As of Mar. 2024)

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What is Raute Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raute Oyj's interest expense for the three months ended in Mar. 2024 was € -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €0.0 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. Raute Oyj's Operating Income for the three months ended in Mar. 2024 was € 1.5 Mil. Raute Oyj's Interest Expense for the three months ended in Mar. 2024 was € -0.3 Mil. Raute Oyj's Interest Coverage for the quarter that ended in Mar. 2024 was 5.11. 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.

Raute Oyj Interest Expense Historical Data

The historical data trend for Raute 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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Raute Oyj Interest Expense Chart

Raute Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.07

-0.10

-0.20

-0.06

-0.08

Raute Oyj Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.41	-0.20	-0.38	0.92	-0.29

Raute 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Raute Oyj (OHEL:RAUTE) 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.

Raute Oyj's Interest Expense for the three months ended in Mar. 2024 was €-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was €1.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €5.0 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	1.466	/	-0.287
	=	5.11

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

Raute Oyj (OHEL:RAUTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Raute Oyj (OHEL:RAUTE) » Definitions » Interest Expense

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Traded in Other Exchanges

RAUA:Germany

Address

Rautetie 2, P.O. Box 69, Nastola, FIN, FI-15551

Website

https://www.raute.com

Raute Oyj is a technology and service company serving the wood products industry. The firm's products and services include plywood and veneer technology, Laminated Veneer Lumber technology, Mecano solutions, and others. It generates revenue from technology services, project deliveries LVL, and project deliveries, plywood. Geographically, it has its operational footprints in Africa, South America, Europe, North America, and Asia Pacific areas.

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