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Digital360 SpA (MIL:DIG) Interest Expense : €-0.78 Mil (TTM As of Jun. 2023)


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What is Digital360 SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital360 SpA's interest expense for the six months ended in Jun. 2023 was € -0.78 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-0.78 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. Digital360 SpA's Operating Income for the six months ended in Jun. 2023 was € 3.24 Mil. Digital360 SpA's Interest Expense for the six months ended in Jun. 2023 was € -0.78 Mil. Digital360 SpA's Interest Coverage for the quarter that ended in Jun. 2023 was 4.14. 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.


Digital360 SpA Interest Expense Historical Data

The historical data trend for Digital360 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.

Digital360 SpA Interest Expense Chart

Digital360 SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -0.27 -0.35 -0.29 -0.33 -

Digital360 SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 -0.15 -0.13 -0.20 -0.21 -0.78

Digital360 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 €-0.78 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.


Digital360 SpA  (MIL:DIG) 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.

Digital360 SpA's Interest Expense for the six months ended in Jun. 2023 was €-0.78 Mil. Its Operating Income for the six months ended in Jun. 2023 was €3.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €1.36 Mil.

Digital360 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*3.237/-0.782
=4.14

* 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.


Digital360 SpA (MIL:DIG) Business Description

Traded in Other Exchanges
N/A
Address
Via Copernico 38, Milan, ITA, 20125
Digital360 SpA is a multi-channel platform providing editorial content, Communications and Marketing Services, lead generation, Events and Webinars and Advisory, advocacy and coaching services to companies, public authorities and technology suppliers.

Digital360 SpA (MIL:DIG) Headlines

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