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Star7 SpA (FRA:EH2) Interest Expense : €-2.8 Mil (TTM As of Dec. 2023)


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What is Star7 SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Star7 SpA's interest expense for the six months ended in Dec. 2023 was € -1.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-2.8 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. Star7 SpA's Operating Income for the six months ended in Dec. 2023 was € 2.6 Mil. Star7 SpA's Interest Expense for the six months ended in Dec. 2023 was € -1.7 Mil. Star7 SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 1.51. 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.


Star7 SpA Interest Expense Historical Data

The historical data trend for Star7 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.

Star7 SpA Interest Expense Chart

Star7 SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.25 -0.34 -0.68 -1.96 -2.96

Star7 SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only - -0.88 -1.08 -1.08 -1.72

Star7 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 €-2.8 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.


Star7 SpA  (FRA:EH2) 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.

Star7 SpA's Interest Expense for the six months ended in Dec. 2023 was €-1.7 Mil. Its Operating Income for the six months ended in Dec. 2023 was €2.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.0 Mil.

Star7 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*2.596/-1.718
=1.51

* 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.


Star7 SpA (FRA:EH2) Business Description

Traded in Other Exchanges
Address
Via Alessandria, 37/B, Valle San Bartolomeo, Alessandria, ITA, I-15122
Star7 SpA operates in the fields of translation and interpreting, automation of translation processes and language technologies, technical editing and content engineering, dedicated IT development, and print-on-demand. The company not only offers translations but also is a provider of copywriting services, language consultancy for companies, and interpreting and management of company terminology.

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