Immsi SpA (FRA:IMY) Interest Expense : €-71 Mil (TTM As of Mar. 2024)

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What is Immsi SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Immsi SpA's interest expense for the three months ended in Mar. 2024 was € -21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-71 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. Immsi SpA's Operating Income for the three months ended in Mar. 2024 was € 37 Mil. Immsi SpA's Interest Expense for the three months ended in Mar. 2024 was € -21 Mil. Immsi SpA's Interest Coverage for the quarter that ended in Mar. 2024 was 1.73. 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.

Immsi SpA Interest Expense Historical Data

The historical data trend for Immsi SpA'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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Immsi SpA Interest Expense Chart

Immsi SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-42.59

-41.12

-39.69

-42.02

-70.95

Immsi SpA 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															-21.02	-10.42	-40.47	0.96	-21.47

Immsi SpA 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 €-71 Mil.

Immsi SpA (FRA:IMY) 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.

Immsi SpA's Interest Expense for the three months ended in Mar. 2024 was €-21 Mil. Its Operating Income for the three months ended in Mar. 2024 was €37 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €676 Mil.

Immsi SpA'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	*	37.126	/	-21.473
	=	1.73

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Immsi SpA interest coverage is 2.41, which is low.

Immsi SpA (FRA:IMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Immsi SpA (FRA:IMY) » Definitions » Interest Expense

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IMS:Italy

Address

Piazza Vilfredo Pareto, 3, Centro Direzionale Boma, Mantova, ITA, 46100

Website

https://www.immsi.it

Immsi SpA is an Italy-based holding company. The company's operating segments include Property and holding; Industrial and Marine. It generates maximum revenue from the Industrial segment. The industrial segment is engaged in the manufacture and marketing of motorcycles, scooters, mopeds, and light commercial vehicles. Geographically, it derives a majority of revenue from Italy and also has a presence in the Rest of Europe; India; the United States, and the Rest of the World.

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