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Centrale del Latte d'Italia SpA (CHIX:CLIM) Interest Expense : €-2.3 Mil (TTM As of Jun. 2024)


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What is Centrale del Latte d'Italia SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Centrale del Latte d'Italia SpA's interest expense for the three months ended in Jun. 2024 was € -0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-2.3 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. Centrale del Latte d'Italia SpA's Operating Income for the three months ended in Jun. 2024 was € 4.7 Mil. Centrale del Latte d'Italia SpA's Interest Expense for the three months ended in Jun. 2024 was € -0.9 Mil. Centrale del Latte d'Italia SpA's Interest Coverage for the quarter that ended in Jun. 2024 was 5.12. 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.

Centrale del Latte d'Italia SpA Interest Expense Historical Data

The historical data trend for Centrale del Latte d'Italia 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.

Centrale del Latte d'Italia SpA Interest Expense Chart

Centrale del Latte d'Italia SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.83 -1.60 -1.55 -1.31 -2.69

Centrale del Latte d'Italia SpA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.66 -0.84 0.78 -1.30 -0.92

Centrale del Latte d'Italia 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.3 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.

Centrale del Latte d'Italia SpA  (CHIX:CLIm) 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.

Centrale del Latte d'Italia SpA's Interest Expense for the three months ended in Jun. 2024 was €-0.9 Mil. Its Operating Income for the three months ended in Jun. 2024 was €4.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €9.5 Mil.

Centrale del Latte d'Italia SpA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*4.728/-0.923
=5.12

* 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.

Centrale del Latte d'Italia SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Centrale del Latte d'Italia SpA (CHIX:CLIm) » Definitions » Interest Expense
Comparable Companies
MIL:ENV MIL:ESIGM MIL:ERFO MIL:MS MIL:VLS XSWX:NESN XPAR:BN KHC GIS NSE:NESTLEIND K SHSE:603288 LSE:ABF MKC SHSE:600887 TSE:2802 SZSE:300999 HRL DUB:KRZ BOM:500825
Traded in Other Exchanges
CLI:Italy
Address
Via Filadelfia, 220, Turin, ITA, 10137
Website
https://www.centralelatte.torino.it
Centrale del Latte d'Italia SpA is engaged in processing, transforming, and selling milk and dairy products, fresh vegetables, and packaged products. The business company operates in segments that include Fresh Milk, Extended Shelf Life Milk, UHT Milk, Yogurt, Fourth range products, Bulk Milk and Cream, Non-dairy products, and Other Packaged Products. The Fresh Milk segment generates maximum revenue for the company.

Centrale del Latte d'Italia SpA Headlines

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