Illimity Bank SpA (MIL:ILTY) Interest Expense : €-229.7 Mil (TTM As of Dec. 2023)

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What is Illimity Bank SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Illimity Bank SpA's interest expense for the three months ended in Dec. 2023 was € -64.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-229.7 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. Illimity Bank SpA's Operating Income for the three months ended in Dec. 2023 was € Mil. Illimity Bank SpA's Interest Expense for the three months ended in Dec. 2023 was € Mil. 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.

Illimity Bank SpA Interest Expense Historical Data

The historical data trend for Illimity Bank 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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Illimity Bank SpA Interest Expense Chart

Illimity Bank SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-14.64

-42.21

-61.22

-74.56

-202.73

Illimity Bank 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															-37.58	-44.92	-55.75	-64.48	-64.55

Illimity Bank 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-229.7 Mil.

Illimity Bank SpA (MIL:ILTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Illimity Bank SpA (MIL:ILTY) » Definitions » Interest Expense

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0A3J:UK

Address

Via Soperga, 9, Milan, ITA, 20124

Website

https://www.illimity.com

Illimity Bank SpA operates as a bank specializing in credit for Italian small and medium-sized enterprises. The company offers credit to companies, purchase and servicing of non-performing loan portfolios and direct bank for private customers and families. Its segment includes Distressed Credit; Growth Credit; Investment Banking; b-ilty; SGR and Direct Banking. The company generates maximum revenue from Distressed Credit segment.

Illimity Bank SpA (MIL:ILTY) Headlines

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