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Fiera Milano SpA (MIL:FM) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Fiera Milano SpA Interest Coverage?

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 by its Interest Expense. Fiera Milano SpA's Operating Income for the three months ended in Mar. 2025 was €-0.5 Mil. Fiera Milano SpA's Interest Expense for the three months ended in Mar. 2025 was €-3.1 Mil. did not have earnings to cover the interest expense. 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. Fiera Milano SpA interest coverage is 1.31, which is low.

The historical rank and industry rank for Fiera Milano SpA's Interest Coverage or its related term are showing as below:

MIL:FM' s Interest Coverage Range Over the Past 10 Years
Min: 0.76   Med: 3.06   Max: 53.33
Current: 1.31


MIL:FM's Interest Coverage is ranked worse than
90.92% of 793 companies
in the Business Services industry
Industry Median: 13.32 vs MIL:FM: 1.31

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Fiera Milano SpA Interest Coverage Historical Data

The historical data trend for Fiera Milano SpA's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Fiera Milano SpA Interest Coverage Chart

Fiera Milano SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.77 0.76 2.72 2.12

Fiera Milano SpA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage 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 6.98 5.69 - 2.52 -

Competitive Comparison of Fiera Milano SpA's Interest Coverage

For the Specialty Business Services subindustry, Fiera Milano SpA's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fiera Milano SpA's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fiera Milano SpA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fiera Milano SpA's Interest Coverage falls into.


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Fiera Milano SpA Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Fiera Milano SpA's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Fiera Milano SpA's Interest Expense was €-12.3 Mil. Its Operating Income was €26.2 Mil. And its Long-Term Debt & Capital Lease Obligation was €294.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*26.196/-12.337
=2.12

Fiera Milano SpA's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Fiera Milano SpA's Interest Expense was €-3.1 Mil. Its Operating Income was €-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €305.1 Mil.

Fiera Milano SpA did not have earnings to cover the interest expense.

* 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.


Fiera Milano SpA  (MIL:FM) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Fiera Milano SpA Interest Coverage Related Terms

Thank you for viewing the detailed overview of Fiera Milano SpA's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Fiera Milano SpA Business Description

Traded in Other Exchanges
Address
Strada Statale del Sempione, Rho, Milan, ITA, 28-20017
Fiera Milano SpA is a trade fair company. Its operating segments include Italian Exhibitions Business, Foreign Exhibitions Business, and Congresses. The Italian Exhibitions and Foreign Exhibitions segment covers all activities for organizing and hosting exhibitions and other events in Italy and abroad through the use, promotion, and offer of furnished exhibition spaces, project support, and ancillary services. It also engages in stand-fitting, technical, and exhibition site services. The Congresses segment covers the management of conferences and events. It generates the majority of the revenue from Italian exhibitions.