Palingeo SpA (MIL:PAL) Interest Expense : € Mil (TTM As of Jun. 2023)

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What is Palingeo SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Palingeo SpA's interest expense for the three months ended in Jun. 2023 was € 0.00 Mil. Palingeo SpA does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Palingeo SpA's Operating Income for the three months ended in Jun. 2023 was € 0.00 Mil. Palingeo SpA's Interest Expense for the three months ended in Jun. 2023 was € 0.00 Mil. GuruFocus does not calculate Palingeo SpA's interest coverage with the available data. 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.

Palingeo SpA Interest Expense Historical Data

The historical data trend for Palingeo 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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Palingeo SpA Interest Expense Chart

Palingeo SpA Annual Data

Trend

Dec21

Dec22

Interest Expense

-0.07

-0.06

Palingeo SpA Quarterly Data
	Dec21	Dec22	Jun23
Interest Expense	-	-	-

Palingeo SpA Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Palingeo SpA (MIL:PAL) 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.

Palingeo SpA's Interest Expense for the three months ended in Jun. 2023 was €0.00 Mil. Its Operating Income for the three months ended in Jun. 2023 was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was €4.11 Mil.

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

GuruFocus does not calculate Palingeo SpA's interest coverage with the available data.

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

Palingeo SpA (MIL:PAL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Palingeo SpA (MIL:PAL) » Definitions » Interest Expense

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Palingeo SpA is an engineering and construction company. Its projects includes construction or modernization of railway lines, motorway networks, bridges, tunnels, roads, schools, hospitals, hydraulic system projects, wind farms or solar plants, collection and regulation of water/hydroelectric plants, etc.

Palingeo SpA (MIL:PAL) Headlines

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