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Immsi SpA (MIL:IMS) Interest Expense : €-71 Mil (TTM As of Dec. 2023)


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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 Dec. 2023 was € 1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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 Dec. 2023 was € 28 Mil. Immsi SpA's Interest Expense for the three months ended in Dec. 2023 was € 1 Mil. Immsi SpA did not have earnings to cover the interest expense. 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.

* Premium members only.

Immsi SpA Interest Expense Chart

Immsi SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.59 -41.12 -39.69 -42.02 -70.95

Immsi SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.46 -21.02 -10.42 -40.47 0.96

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-71 Mil.

* 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.

Immsi SpA  (MIL:IMS) Interest Expense Explanation

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. The higher, the better.

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 Dec. 2023 was €1 Mil. Its Operating Income for the three months ended in Dec. 2023 was €28 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €590 Mil.

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

* 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.

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 2.49, which is low.

Immsi SpA (MIL:IMS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Immsi SpA (MIL:IMS) » Definitions » Interest Expense
Comparable Companies
MIL:PINF MIL:TNX MIL:BIRO TSLA TSE:7203 XTER:P911 SZSE:002594 XTER:MBG MIL:RACE MIL:STLAM XTER:BMW XTER:VOW3 TSE:7267 GM F NSE:MARUTI NSE:TATAMOTORS XKRX:005380 XKRX:000270 BOM:532977
Traded in Other Exchanges
IMY:Germany
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.

Immsi SpA (MIL:IMS) Headlines

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