Passat

Passat Interest Expense

The Interest Expense of Passat (ALPAS.PA) as of Nov 3, 2026 is 577,000.00 EUR. In the previous year, Interest Expense was 315,000.00 EUR — a change of 83.17% (higher).

Interest Expense

577,000.00EUR

YoY

83.17%

Last updated:

Interest Expense of Passat is 2024 577,000.00 EUR. Interest Expense of Passat was 2023 315,000.00 EUR. It decreases by 83.17% higher compared to the previous year.

The Passat Interest Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Expense
Date
Interest Expense
Jan 1, 2017
80,000.00 EUR
Jan 1, 2018
-9,000.00 EUR
Jan 1, 2019
2,000.00 EUR
Jan 1, 2020
58,000.00 EUR
Jan 1, 2021
-1.05 M EUR
Jan 1, 2022
-257,000.00 EUR
Jan 1, 2023
315,000.00 EUR
Jan 1, 2024
577,000.00 EUR
The Passat Interest Expense history
YEARInterest ExpenseYoY
577,000.00EUR+83.17%
315,000.00EUR-222.57%
-257,000.00EUR-75.62%
-1.05 MEUR-1,917.24%
58,000.00EUR+2,800.00%
2,000.00EUR-122.22%
-9,000.00EUR-111.25%
80,000.00EUR-159.70%
-134,000.00EUR-191.16%
147,000.00EUR-145.09%
-326,000.00EUR—

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Passat Stock analysis

What does Passat do? Passat SA is a globally operating company that has been active in heat exchanger technology for over 90 years. The company was founded in 1925 in Poland and still has its headquarters in Lublin today. Over the course of its history, the company has shifted its focus from the production of stoves and fireplaces to heat exchangers. The business model of Passat SA is based on three pillars: industry, heating or air conditioning, and the railway sector. Each of these areas serves different applications and offers specific products. The company manufactures heat exchangers for industrial processes, heating, and air conditioning systems that can be used in buildings as well as in vehicles. Among the products of Passat SA are heating boilers, heat exchangers for radiators, air conditioning systems, heat recovery systems, air heaters, and cooling towers. The latter are mainly used in the chemical industry and power plants. Passat SA offers solutions for individual customer requirements and can provide custom-made products and microprocessor controls due to its high production capacities and wide product portfolio. In the industrial sector, Passat SA manufactures heat exchangers for a variety of applications. This involves balancing or utilizing temperature differences between liquids or gases. Passat heat exchangers can be found in plants for the production of consumer goods, beverages, or steel. In the heating and air conditioning sector, Passat SA offers intelligent systems for indoor climate control with the highest energy efficiency. These systems are used in private households as well as in larger buildings such as office buildings and hospitals. In addition, Passat SA has a broad customer base in railway transport. They supply refrigerated wagons for goods transport as well as heating and air conditioning systems for trains. The company's product range also includes air purification systems and heat exchangers for solar parks or geothermal plants. Throughout its history, Passat SA has always focused on the research and development of new technologies. For many years, the company has been a pioneer in the research and development of microprocessor controls, which continuously improve and update the product range. Passat SA operates its own research facility where innovative products are developed. Passat SA is a company that stands out for its high quality and customer orientation. With its many years of experience in heat exchanger technology and its research work, it can not only boast high customer satisfaction but also an excellent reputation in the industry. In the future, Passat SA will continue to dedicate itself to the research and development of innovative technologies in order to meet the demands of its customers. Passat is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Passat stock

Interest Expense of Passat is 577,000.00 EUR in 2024.

Interest Expense of Passat changed from 315,000.00 EUR to 577,000.00 EUR, representing a 83.17% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Expense Passat since 2006 – with annual values, charts, and detailed analysis.

Interest expense represents the cost of borrowing. Higher interest expenses can indicate a highly leveraged company.

Interest Expense's EUR is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Interest Expense's Passat historically and in real time.

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Income Statement — Passat

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