OVHFF (OVH Groupe) Interest Expense : $-35 Mil (TTM As of Aug. 2024)

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What is OVH Groupe Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OVH Groupe's interest expense for the six months ended in Aug. 2024 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was $-35 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. OVH Groupe's Operating Income for the six months ended in Aug. 2024 was $ 33 Mil. OVH Groupe's Interest Expense for the six months ended in Aug. 2024 was $ -16 Mil. OVH Groupe's Interest Coverage for the quarter that ended in Aug. 2024 was 2.01. 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.

OVH Groupe Interest Expense Historical Data

The historical data trend for OVH Groupe'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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OVH Groupe Interest Expense Chart

OVH Groupe Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Interest Expense

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-28.56

-37.16

-12.52

-24.77

-34.95

OVH Groupe Semi-Annual Data
	Aug18	Aug19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Interest Expense	Get a 7-Day Free Trial						-5.12	-9.88	-14.71	-18.13	-16.42

OVH Groupe 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-35 Mil.

OVH Groupe (OTCPK:OVHFF) 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.

OVH Groupe's Interest Expense for the six months ended in Aug. 2024 was $-16 Mil. Its Operating Income for the six months ended in Aug. 2024 was $33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2024 was $910 Mil.

OVH Groupe's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2024 )	/	Interest Expense (Q: Aug. 2024 )
	=	-1	*	33.023	/	-16.42
	=	2.01

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

OVH Groupe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OVH Groupe (OTCPK:OVHFF) » Definitions » Interest Expense

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Traded in Other Exchanges

OVHp:UK OVH:France 7U7:Germany

Address

2 rue Kellermann, Roubaix, FRA, 59100

Website

https://www.ovhcloud.com

OVH Groupe is a provider of cloud services, occupying a position in the cloud market. It provides businesses with a complete suite of solutions designed to meet the growing demand for multi-cloud and hybrid cloud strategies, addressing a wide range of needs and customer segments. Geographically operates in France, Europe and Rest of the world. It has three operating segments: Private Cloud, Public Cloud and Web Cloud & Other.