Acquazzurra SpA (MIL:ACQ) Interest Expense : €-0.03 Mil (TTM As of Jun. 2023)

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What is Acquazzurra SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acquazzurra SpA's interest expense for the six months ended in Jun. 2023 was € -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.03 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. Acquazzurra SpA's Operating Income for the six months ended in Jun. 2023 was € 0.37 Mil. Acquazzurra SpA's Interest Expense for the six months ended in Jun. 2023 was € -0.03 Mil. Acquazzurra SpA's Interest Coverage for the quarter that ended in Jun. 2023 was 13.78. 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.

Acquazzurra SpA Interest Expense Historical Data

The historical data trend for Acquazzurra 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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Acquazzurra SpA Interest Expense Chart

Acquazzurra SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.01

-0.02

-0.03

-0.05

Acquazzurra SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.01	-0.01	-0.02	-0.03	-

Acquazzurra 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.03 Mil.

Acquazzurra SpA (MIL:ACQ) 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.

Acquazzurra SpA's Interest Expense for the six months ended in Jun. 2023 was €-0.03 Mil. Its Operating Income for the six months ended in Jun. 2023 was €0.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €0.75 Mil.

Acquazzurra SpA's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	0.372	/	-0.027
	=	13.78

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

Acquazzurra SpA (MIL:ACQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acquazzurra SpA (MIL:ACQ) » Definitions » Interest Expense

Comparable Companies

TSE:3622 TSE:2656 TSE:9258 TSE:2411 TRKA BKK:GPI TSE:2173 TSE:7063 XPAR:ALNXT KNIT

Traded in Other Exchanges

N/A

Address

Via Rutilia, 10/8, Milan, ITA, 20141

Website

https://www.acquazzurra.biz

Acquazzurra SpA operates as an advertising agency. It is engaged in the sector of the sale of advertising space in exchange for the products of advertiser customers. The company structures the campaigns advertising more suited to the needs of advertisers customers, taking advantage of different types of media, such as TV, radio, magazines, newspapers, outdoor advertising, and the web.

Acquazzurra SpA (MIL:ACQ) Headlines

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