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Wulff-Yhtiot Oyj (OHEL:WUF1V) Interest Expense : €-1.02 Mil (TTM As of Mar. 2024)


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What is Wulff-Yhtiot Oyj Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wulff-Yhtiot Oyj's interest expense for the three months ended in Mar. 2024 was € -0.34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.02 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. Wulff-Yhtiot Oyj's Operating Income for the three months ended in Mar. 2024 was € 0.39 Mil. Wulff-Yhtiot Oyj's Interest Expense for the three months ended in Mar. 2024 was € -0.34 Mil. Wulff-Yhtiot Oyj's Interest Coverage for the quarter that ended in Mar. 2024 was 1.15. 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.


Wulff-Yhtiot Oyj Interest Expense Historical Data

The historical data trend for Wulff-Yhtiot 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.

Wulff-Yhtiot Oyj Interest Expense Chart

Wulff-Yhtiot 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 -0.19 -0.18 -0.32 -0.48 -0.92

Wulff-Yhtiot 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 -0.24 -0.32 -0.27 -0.09 -0.34

Wulff-Yhtiot 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 €-1.02 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.


Wulff-Yhtiot Oyj  (OHEL:WUF1V) 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.

Wulff-Yhtiot Oyj's Interest Expense for the three months ended in Mar. 2024 was €-0.34 Mil. Its Operating Income for the three months ended in Mar. 2024 was €0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €10.84 Mil.

Wulff-Yhtiot 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*0.39/-0.34
=1.15

* 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.


Wulff-Yhtiot Oyj (OHEL:WUF1V) Business Description

Traded in Other Exchanges
N/A
Address
Kilonkartanontie 3, Espoo, FIN, 02610
Wulff Yhtiot Oyj operates as a provider of office supplies. The company sells office supplies, facility management products, catering solutions, IT supplies, ergonomics, lighting solutions and different products for work sites. Its operating segments are Contract Customers and Expertise Sales. The Contract Customers division develops business-to-business contract customer sales of office supplies, as well as provides fair and event marketing services. Its Expertise Sales Segment aims to improve the customers' daily operations with products. The company generates maximum revenue from the Contract Customers Segment. Geographically, it derives a majority of revenue from Finland and also has a presence in Sweden; Norway; and Denmark.

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