Infrastrutture Wireless Italiane SpA (FRA:WI8) Interest Expense : €-49.2 Mil (TTM As of Mar. 2024)

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What is Infrastrutture Wireless Italiane SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Infrastrutture Wireless Italiane SpA's interest expense for the three months ended in Mar. 2024 was € -17.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-49.2 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. Infrastrutture Wireless Italiane SpA's Operating Income for the three months ended in Mar. 2024 was € 138.8 Mil. Infrastrutture Wireless Italiane SpA's Interest Expense for the three months ended in Mar. 2024 was € -17.3 Mil. Infrastrutture Wireless Italiane SpA's Interest Coverage for the quarter that ended in Mar. 2024 was 8.01. 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.

Infrastrutture Wireless Italiane SpA Interest Expense Historical Data

The historical data trend for Infrastrutture Wireless Italiane 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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Infrastrutture Wireless Italiane SpA Interest Expense Chart

Infrastrutture Wireless Italiane SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-20.57

-44.68

-34.53

-34.43

-63.55

Infrastrutture Wireless Italiane 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															-12.61	-14.41	-30.46	12.99	-17.32

Infrastrutture Wireless Italiane 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 €-49.2 Mil.

Infrastrutture Wireless Italiane SpA (FRA:WI8) 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.

Infrastrutture Wireless Italiane SpA's Interest Expense for the three months ended in Mar. 2024 was €-17.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was €138.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,847.9 Mil.

Infrastrutture Wireless Italiane 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	*	138.801	/	-17.319
	=	8.01

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

Infrastrutture Wireless Italiane SpA (FRA:WI8) Business Description

Industry

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IFSUF:USA INW:Italy INWm:UK 0R8S:UK

Address

Via Gaetano Negri, 1, Milan, ITA, 20121

Website

https://www.inwit.it

Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 23,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.

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