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Verkkokauppa.com Oyj (OHEL:VERK) Interest Expense : €-2.1 Mil (TTM As of Mar. 2024)


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What is Verkkokauppa.com Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Verkkokauppa.com Oyj's interest expense for the three months ended in Mar. 2024 was € -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-2.1 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. Verkkokauppa.com Oyj's Operating Income for the three months ended in Mar. 2024 was € -0.4 Mil. Verkkokauppa.com Oyj's Interest Expense for the three months ended in Mar. 2024 was € -0.6 Mil. Verkkokauppa.com 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.


Verkkokauppa.com Oyj Interest Expense Historical Data

The historical data trend for Verkkokauppa.com 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.

Verkkokauppa.com Oyj Interest Expense Chart

Verkkokauppa.com 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 -1.50 -1.34 -0.03 -1.42 -2.05

Verkkokauppa.com 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 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 -0.52 -0.52 -0.67 -0.35 -0.60

Verkkokauppa.com 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 €-2.1 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.


Verkkokauppa.com Oyj  (OHEL:VERK) 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.

Verkkokauppa.com Oyj's Interest Expense for the three months ended in Mar. 2024 was €-0.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €29.1 Mil.

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

Verkkokauppa.com Oyj did not have earnings to cover the interest expense.

* 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.


Verkkokauppa.com Oyj (OHEL:VERK) Business Description

Traded in Other Exchanges
Address
Tyynenmerenkatu 11, Helsinki, FIN, 00220
Verkkokauppa.com Oyj is a retail store in Finland, and it operates mainly online. It offers thousands of products under various product categories such as computer technology, consumer electronics, toys, games, navigation products, and others. The group sells its products to suppliers through retail stores, the webstore, and other media. The revenue streams of the company consist of the sale of goods and services. The sale of services rendered by the company includes installation and maintenance services, subscription sales and visibility sales. The entire revenue of the company is principally generated from one geographical area, Finland.

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