Moncler SpA (FRA:MOV) Interest Expense : €-28 Mil (TTM As of Jun. 2023)

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What is Moncler SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Moncler SpA's interest expense for the six months ended in Jun. 2023 was € -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-28 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. Moncler SpA's Operating Income for the six months ended in Jun. 2023 was € 218 Mil. Moncler SpA's Interest Expense for the six months ended in Jun. 2023 was € -16 Mil. Moncler SpA's Interest Coverage for the quarter that ended in Jun. 2023 was 13.79. 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.

Moncler SpA Interest Expense Historical Data

The historical data trend for Moncler 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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Moncler SpA Interest Expense Chart

Moncler SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-21.75

-23.02

-23.34

-26.27

-23.20

Moncler 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															-12.19	-12.58	-13.69	-15.79	-12.40

Moncler 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-28 Mil.

Moncler SpA (FRA:MOV) 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.

Moncler SpA's Interest Expense for the six months ended in Jun. 2023 was €-16 Mil. Its Operating Income for the six months ended in Jun. 2023 was €218 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €695 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	217.793	/	-15.79
	=	13.79

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

Moncler SpA (FRA:MOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Moncler SpA (FRA:MOV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MONRY:USA MONRF:USA MONC:Mexico MONC:Italy MONCm:UK 0QII:UK MONC:Austria

Address

Via Stendhal, 47, Milan, ITA, 20144

Website

https://www.monclergroup.com

Moncler consists of its namesake brand and Stone Island (acquired in 2021). The Moncler brand is one of the leading players in luxury outerwear. It is globally present with 36% of sales generated in Europe, the Middle East, and Africa, 17% in the Americas, and 47% in Asia and rest of the world. Most of the company's sales are direct to consumer, with almost 80% generated through the own-retail channel. Around 75%-80% of revenue is generated in the core outerwear segment, with the remainder in the accessory, knitwear, and footwear categories. Stone Island contributed around 15% of revenue in 2022.