Italian Wine Brands SpA (MIL:IWB) Interest Expense : €-7.0 Mil (TTM As of Dec. 2023)

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What is Italian Wine Brands SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Italian Wine Brands SpA's interest expense for the six months ended in Dec. 2023 was € -3.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-7.0 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. Italian Wine Brands SpA's Operating Income for the six months ended in Dec. 2023 was € 17.4 Mil. Italian Wine Brands SpA's Interest Expense for the six months ended in Dec. 2023 was € -3.7 Mil. Italian Wine Brands SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 4.66. 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.

Italian Wine Brands SpA Interest Expense Historical Data

The historical data trend for Italian Wine Brands 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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Italian Wine Brands SpA Interest Expense Chart

Italian Wine Brands SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.99

-0.88

-3.21

-4.74

-7.01

Italian Wine Brands SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial													-2.04	-2.19	-2.56	-3.28	-3.73

Italian Wine Brands 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 semi-annually data reported by the company within the most recent 12 months, which was €-7.0 Mil.

Italian Wine Brands SpA (MIL:IWB) 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.

Italian Wine Brands SpA's Interest Expense for the six months ended in Dec. 2023 was €-3.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was €17.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €155.4 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	17.402	/	-3.731
	=	4.66

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

Italian Wine Brands SpA (MIL:IWB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Italian Wine Brands SpA (MIL:IWB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MR3:Germany

Address

Viale Abruzzi 94, Milan, ITA, 20131

Website

https://www.italianwinebrands.it

Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.