SOL SpA (FRA:QOL) Interest Expense : €-19 Mil (TTM As of Dec. 2024)

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What is SOL SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SOL SpA's interest expense for the six months ended in Dec. 2024 was € -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-19 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. SOL SpA's Operating Income for the six months ended in Dec. 2024 was € 99 Mil. SOL SpA's Interest Expense for the six months ended in Dec. 2024 was € -10 Mil. SOL SpA's Interest Coverage for the quarter that ended in Dec. 2024 was 9.57. 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.

SOL SpA Interest Expense Historical Data

The historical data trend for SOL 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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SOL SpA Interest Expense Chart

SOL SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-8.00

-8.10

-8.31

-13.97

-18.86

SOL SpA Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial															-4.35	-5.54	-8.42	-8.55	-10.30

SOL 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-19 Mil.

SOL SpA (FRA:QOL) 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.

SOL SpA's Interest Expense for the six months ended in Dec. 2024 was €-10 Mil. Its Operating Income for the six months ended in Dec. 2024 was €99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €569 Mil.

SOL SpA's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	98.625	/	-10.303
	=	9.57

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

SOL SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » SOL SpA (FRA:QOL) » Definitions » Interest Expense

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SOL:Italy 0NJP:UK

Address

Via Borgazzi, 27, Monza, ITA, 20900

Website

http://www.solgroup.com

SOL SpA manufactures and sells industrial gases and medical equipment. The firm's two segments are based on product type. The home-care segment, which generates the majority of revenue, sells a variety of medicinal gases including oxygen, nitrogen, nitrous oxide, carbon dioxide, synthetic air, and medical air. The segment also provides medical air services for hospitals. The technical gases segment sells gas-based products to the energy, agricultural, food, metalworking, glass, and electronics industries. More of SOL's revenue comes from Italy than any other country.

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