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Atlantia SpA (Atlantia SpA) Interest Expense : $-1,179 Mil (TTM As of Jun. 2022)


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What is Atlantia SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Atlantia SpA's interest expense for the three months ended in Jun. 2022 was $ -126 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2022 was $-1,179 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. Atlantia SpA's Operating Income for the three months ended in Jun. 2022 was $ 598 Mil. Atlantia SpA's Interest Expense for the three months ended in Jun. 2022 was $ -126 Mil. Atlantia SpA's Interest Coverage for the quarter that ended in Jun. 2022 was 4.76. 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.

Atlantia SpA Interest Expense Historical Data

The historical data trend for Atlantia 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.

Atlantia SpA Interest Expense Chart

Atlantia SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -760.66 -732.65 -1,306.67 -1,167.88 -1,175.14

Atlantia SpA Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -259.04 677.65 -1,157.06 -573.79 -125.79

Atlantia 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 Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,179 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.

Atlantia SpA  (OTCPK:ATASY) 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.

Atlantia SpA's Interest Expense for the three months ended in Jun. 2022 was $-126 Mil. Its Operating Income for the three months ended in Jun. 2022 was $598 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2022 was $34,394 Mil.

Atlantia SpA's Interest Coverage for the quarter that ended in Jun. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2022 )/Interest Expense (Q: Jun. 2022 )
=-1*598.309/-125.793
=4.76

* 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. Atlantia SpA interest coverage is 1.67, which is low.

Atlantia SpA (Atlantia SpA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atlantia SpA (OTCPK:ATASY) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Piazza San Silvestro 8, Rome, ITA, 00187
Website
https://www.atlantia.it
Atlantia SpA is an Italian industrial company that primarily operates motorways and airports. It operates through the following segments: Italian motorways, overseas motorways, Abertis group, Italian airports, overseas airports, and Atlantia, among other activities. The motorways segments, which constitute the vast majority of company revenue, are engaged in the construction, maintenance, and management of toll roads globally. Airport operations consist of revenue derived from the operation of the Fiumicino and Ciampino airports in Italy and the three airports of Nice, Cannes-Mandelieu, and Saint Tropez in France. Other services include electronic tolling development and various engineering and maintenance activities.