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Telecom Italia SpA (FRA:TQIR) Interest Expense : €-1,838 Mil (TTM As of Mar. 2024)


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What is Telecom Italia SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Telecom Italia SpA's interest expense for the three months ended in Mar. 2024 was € -801 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1,838 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. Telecom Italia SpA's Operating Income for the three months ended in Mar. 2024 was € 207 Mil. Telecom Italia SpA's Interest Expense for the three months ended in Mar. 2024 was € -801 Mil. Telecom Italia SpA's Interest Coverage for the quarter that ended in Mar. 2024 was 0.26. 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.

Telecom Italia SpA Interest Expense Historical Data

The historical data trend for Telecom 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.

Telecom Italia SpA Interest Expense Chart

Telecom 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 -1,413.00 -1,240.00 -1,185.00 -1,321.00 -1,730.00

Telecom Italia SpA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -693.00 -659.00 -621.00 243.00 -801.00

Telecom 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1,838 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.

Telecom Italia SpA  (FRA:TQIR) 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.

Telecom Italia SpA's Interest Expense for the three months ended in Mar. 2024 was €-801 Mil. Its Operating Income for the three months ended in Mar. 2024 was €207 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €25,951 Mil.

Telecom Italia SpA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*207/-801
=0.26

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Telecom Italia SpA interest coverage is 1.15, which is low.

Telecom Italia SpA (FRA:TQIR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (FRA:TQIR) » Definitions » Interest Expense
Comparable Companies
MIL:ITD MIL:TSL MIL:UD MIL:PLN MIL:SOF MIL:CVG MIL:GO SHSE:600941 TMUS VZ CMCSA T XTER:DTE NSE:BHARTIARTL TSE:9432 TSE:9984 HKSE:00728 AMX B TSE:9433 TSE:9434
Traded in Other Exchanges
TIAOF:USA TIAJF:USA TIAIY:USA TIIAY:USA TITR:Italy TIT:Italy TITm:UK TITRm:UK 0H6I:UK 0GA3:UK TQI:Germany TIT:Austria
Address
Corso D'Italia, 41, Roma, ITA, 00198
Website
https://www.telecomitalia.com
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

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