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SAV-Rahoitus Oyj (OHEL:SAV1V) Interest Expense : €0.00 Mil (TTM As of Jun. 2014)


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What is SAV-Rahoitus Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SAV-Rahoitus Oyj's interest expense for the six months ended in Jun. 2014 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2014 was €0.00 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. SAV-Rahoitus Oyj's Operating Income for the six months ended in Jun. 2014 was € -0.49 Mil. SAV-Rahoitus Oyj's Interest Expense for the six months ended in Jun. 2014 was € 0.00 Mil. SAV-Rahoitus Oyj has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


SAV-Rahoitus Oyj Interest Expense Historical Data

The historical data trend for SAV-Rahoitus 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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SAV-Rahoitus Oyj Interest Expense Chart

SAV-Rahoitus Oyj Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense
Get a 7-Day Free Trial -0.87 -0.99 -0.89 - -

SAV-Rahoitus Oyj Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Interest Expense Get a 7-Day Free Trial -0.87 -0.99 -0.89 - -

SAV-Rahoitus Oyj Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2014 was €0.00 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.


SAV-Rahoitus Oyj  (OHEL:SAV1V) 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.

SAV-Rahoitus Oyj's Interest Expense for the six months ended in Jun. 2014 was €0.00 Mil. Its Operating Income for the six months ended in Jun. 2014 was €-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2014 was €0.00 Mil.

SAV-Rahoitus Oyj's Interest Coverage for the quarter that ended in Jun. 2014 is calculated as

SAV-Rahoitus Oyj had no long-term debt (1).

* 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.


SAV-Rahoitus Oyj (OHEL:SAV1V) Business Description

Traded in Other Exchanges
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Address
Savoy-Pankki Oyj is engaged in providing a loan against the vehicle for private individuals. It offers financing solution for consumers directly or indirectly through vehicle resellers.

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