Acinque SpA (MIL:AC5) Interest Expense : €-10.0 Mil (TTM As of Dec. 2023)

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What is Acinque SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Acinque SpA's interest expense for the three months ended in Dec. 2023 was € -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-10.0 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. Acinque SpA's Operating Income for the three months ended in Dec. 2023 was € -2.2 Mil. Acinque SpA's Interest Expense for the three months ended in Dec. 2023 was € -5.1 Mil. Acinque SpA did not have earnings to cover the interest expense. 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.

Acinque SpA Interest Expense Historical Data

The historical data trend for Acinque 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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Acinque SpA Interest Expense Chart

Acinque SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.85

-1.05

-1.00

-1.28

-8.19

Acinque SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.16	-1.76	-1.55	-1.58	-5.14

Acinque 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 quarterly data reported by the company within the most recent 12 months, which was €-10.0 Mil.

Acinque SpA (MIL:AC5) 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.

Acinque SpA's Interest Expense for the three months ended in Dec. 2023 was €-5.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was €-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €148.8 Mil.

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

Acinque SpA did not have earnings to cover the interest expense.

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

Acinque SpA (MIL:AC5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Acinque SpA (MIL:AC5) » Definitions » Interest Expense

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Address

Via Pietro Stazzi, 2, Como, ITA, 22100

Website

https://www.acinque.it

Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.

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