Poste Italiane SpA (LTS:0RC2) Interest Expense : €-8 Mil (TTM As of Mar. 2024)

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What is Poste Italiane SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poste Italiane SpA's interest expense for the three months ended in Mar. 2024 was € -34 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-8 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. Poste Italiane SpA's Operating Income for the three months ended in Mar. 2024 was € 716 Mil. Poste Italiane SpA's Interest Expense for the three months ended in Mar. 2024 was € -34 Mil. Poste Italiane SpA's Interest Coverage for the quarter that ended in Mar. 2024 was 21.06. 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.

Poste Italiane SpA Interest Expense Historical Data

The historical data trend for Poste Italiane 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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Poste Italiane SpA Interest Expense Chart

Poste Italiane SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-41.00

-38.00

-31.00

-33.00

-39.00

Poste Italiane 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															-29.00	11.00	-30.00	45.00	-34.00

Poste Italiane 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 €-8 Mil.

Poste Italiane SpA (LTS:0RC2) 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.

Poste Italiane SpA's Interest Expense for the three months ended in Mar. 2024 was €-34 Mil. Its Operating Income for the three months ended in Mar. 2024 was €716 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0 Mil.

Poste Italiane 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	*	716	/	-34
	=	21.06

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Poste Italiane SpA has enough cash to cover all of its debt. Its financial situation is stable.

Poste Italiane SpA (LTS:0RC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Poste Italiane SpA (LTS:0RC2) » Definitions » Interest Expense

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Traded in Other Exchanges

PITAF:USA PST:Italy PSTm:UK 7PI:Germany PST:Austria

Address

Viale Europa, 190, Rome, ITA, 00144

Website

https://www.posteitaliane.it

Poste Italiane SpA is an Italian diversified financial-services company. The company's reportable segments are Mail, parcels, and distribution; Payments and mobile; Financial services; and Insurance services. The Mail, parcels, and distribution segment includes letter post, express delivery, logistics, parcels, and philately. This segment generates the most revenue for Poste Italiane SpA. Geographically, the company has a presence in Italy, but also elsewhere in Europe, the Americas, and Asia.

Poste Italiane SpA (LTS:0RC2) Headlines

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