Euro Group Laminations SpA (MIL:EGLA) Interest Expense : €-6.2 Mil (TTM As of Jun. 2023)

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What is Euro Group Laminations SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Euro Group Laminations SpA's interest expense for the three months ended in Jun. 2023 was € 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-6.2 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. Euro Group Laminations SpA's Operating Income for the three months ended in Jun. 2023 was € 0.0 Mil. Euro Group Laminations SpA's Interest Expense for the three months ended in Jun. 2023 was € 0.0 Mil. GuruFocus does not calculate Euro Group Laminations SpA's interest coverage with the available data. 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.

Euro Group Laminations SpA Interest Expense Historical Data

The historical data trend for Euro Group Laminations 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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Euro Group Laminations SpA Interest Expense Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-3.72

-4.43

-5.53

-9.22

Euro Group Laminations SpA Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial			-1.82	-	-2.27	-3.90	-

Euro Group Laminations 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 quarterly data reported by the company within the most recent 12 months, which was €-6.2 Mil.

Euro Group Laminations SpA (MIL:EGLA) 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.

Euro Group Laminations SpA's Interest Expense for the three months ended in Jun. 2023 was €0.0 Mil. Its Operating Income for the three months ended in Jun. 2023 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was €220.3 Mil.

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

GuruFocus does not calculate Euro Group Laminations SpA's interest coverage with the available data.

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

Euro Group Laminations SpA (MIL:EGLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QK9:Germany QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors. The group is organized into two operating segments which are EV and Automotive which operate mainly in the electric automotive sector and in general in all applications related to the automotive sector. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. The company earns the majority of its revenue from the Industrial segment.