A.b.p. Nocivelli SpA (FRA:9UZ) Interest Expense : €-0.03 Mil (TTM As of Dec. 2023)

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What is A.b.p. Nocivelli SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. A.b.p. Nocivelli SpA's interest expense for the six months ended in Dec. 2023 was € -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.03 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. A.b.p. Nocivelli SpA's Operating Income for the six months ended in Dec. 2023 was € 8.43 Mil. A.b.p. Nocivelli SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.06 Mil. A.b.p. Nocivelli SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 150.52. 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.

A.b.p. Nocivelli SpA Interest Expense Historical Data

The historical data trend for A.b.p. Nocivelli 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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A.b.p. Nocivelli SpA Interest Expense Chart

A.b.p. Nocivelli SpA Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

-0.07

-0.15

-0.16

-0.17

-0.03

A.b.p. Nocivelli SpA Semi-Annual Data
	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.10	-0.07	-0.06	0.03	-0.06

A.b.p. Nocivelli 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 semi-annually data reported by the company within the most recent 12 months, which was €-0.03 Mil.

A.b.p. Nocivelli SpA (FRA:9UZ) 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.

A.b.p. Nocivelli SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.06 Mil. Its Operating Income for the six months ended in Dec. 2023 was €8.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.00 Mil.

A.b.p. Nocivelli SpA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	8.429	/	-0.056
	=	150.52

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

Good Sign:

A.b.p. Nocivelli SpA has no debt.

A.b.p. Nocivelli SpA (FRA:9UZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » A.b.p. Nocivelli SpA (FRA:9UZ) » Definitions » Interest Expense

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Traded in Other Exchanges

ABP:Italy

Address

Via Padana Superiore 67, Castegnato, ITA, 25045

Website

http://www.abpnocivelli.com

A.b.p. Nocivelli SpA is engaged in the trading of petroleum products and lubricants. It offers storage, distribution, and customer services. Additionally, the firm provides Facility Management services.

A.b.p. Nocivelli SpA (FRA:9UZ) Headlines

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