PLC SpA (MIL:PLC) Interest Expense : €-0.56 Mil (TTM As of Dec. 2023)

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What is PLC SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PLC SpA's interest expense for the six months ended in Dec. 2023 was € -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.56 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. PLC SpA's Operating Income for the six months ended in Dec. 2023 was € 2.26 Mil. PLC SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.27 Mil. PLC SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 8.44. 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.

PLC SpA Interest Expense Historical Data

The historical data trend for PLC 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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PLC SpA Interest Expense Chart

PLC SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.93

-1.15

-0.43

-0.33

-0.44

PLC SpA Semi-Annual Data
	Jun14	Dec14	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															0.02	-0.17	-0.16	-0.29	-0.27

PLC 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 €-0.56 Mil.

PLC SpA (MIL:PLC) 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.

PLC SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.27 Mil. Its Operating Income for the six months ended in Dec. 2023 was €2.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

PLC 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	*	2.263	/	-0.268
	=	8.44

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

PLC SpA (MIL:PLC) Business Description

Industry

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

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Traded in Other Exchanges

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Address

Via Lanzone 31, Milan, ITA, 20123

Website

https://www.plc-spa.com

PLC SpA is engaged in the designing, installation, and maintenance of electrical infrastructures and renewable energy plants. The company constructs turnkey plants for the production of electrical energy from renewable sources; and monitors and maintains electrical power grids, transformers, and accessory plants of wind farms and photovoltaic plants, as well as offers installation, maintenance, and repair services for inverters.