Ponsse Oyj (Ponsse Oyj) Interest Expense : $-11.4 Mil (TTM As of Mar. 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 Mar. 2024 was $ -4.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-11.4 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 Mar. 2024 was $ 1.4 Mil. Ponsse Oyj's Interest Expense for the three months ended in Mar. 2024 was $ -4.1 Mil. Ponsse Oyj's Interest Coverage for the quarter that ended in Mar. 2024 was 0.33. 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.

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Ponsse Oyj Interest Expense Chart

Ponsse Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.83

-1.72

-0.62

-0.98

-4.83

Ponsse 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															-	-	-3.89	-3.44	-4.11

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.4 Mil.

Ponsse Oyj (OTCPK:PSSEF) 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.

Ponsse Oyj's Interest Expense for the three months ended in Mar. 2024 was $-4.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $73.5 Mil.

Ponsse 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	*	1.355	/	-4.11
	=	0.33

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

Ponsse Oyj (Ponsse Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ponsse Oyj (OTCPK:PSSEF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

PON1V:Finland 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.