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Honkarakenne Oyj (OHEL:HONBS) Interest Expense : €-0.14 Mil (TTM As of Dec. 2023)


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What is Honkarakenne Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Honkarakenne Oyj's interest expense for the six months ended in Dec. 2023 was € 0.26 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.14 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. Honkarakenne Oyj's Operating Income for the six months ended in Dec. 2023 was € -0.18 Mil. Honkarakenne Oyj's Interest Expense for the six months ended in Dec. 2023 was € 0.26 Mil. Honkarakenne Oyj did not have earnings to cover the interest expense. 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.


Honkarakenne Oyj Interest Expense Historical Data

The historical data trend for Honkarakenne 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.

Honkarakenne Oyj Interest Expense Chart

Honkarakenne 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 -0.15 -0.16 -0.11 -0.10 -0.14

Honkarakenne Oyj Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.09 -0.70 0.60 -0.40 0.26

Honkarakenne 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.14 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.


Honkarakenne Oyj  (OHEL:HONBS) 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.

Honkarakenne Oyj's Interest Expense for the six months ended in Dec. 2023 was €0.26 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €2.54 Mil.

Honkarakenne Oyj's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

* 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.


Honkarakenne Oyj (OHEL:HONBS) Business Description

Traded in Other Exchanges
N/A
Address
Hongantie 41, Karstula, FIN, FI-43500
Honkarakenne Oyj is a Finnish company engaged in the manufacture and sales of log houses in Finland and abroad. It supplies contemporary log homes, traditional log homes, holiday lodges and log cabins for organic, healthy and ecological living. The company also offers services including Honka design service, building service, and extension service. Its business is divided into two geographical operating segments including Finland and Export. The company derives a majority of its revenue from Finland.

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