Milano Assicurazioni (LTS:0A1H) Interest Expense : €-6 Mil (TTM As of Sep. 2013)

View and export this data going back to . Start your Free Trial

What is Milano Assicurazioni Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Milano Assicurazioni's interest expense for the three months ended in Sep. 2013 was € -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2013 was €-6 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. Milano Assicurazioni's Operating Income for the three months ended in Sep. 2013 was € 114 Mil. Milano Assicurazioni's Interest Expense for the three months ended in Sep. 2013 was € -1 Mil. Milano Assicurazioni's Interest Coverage for the quarter that ended in Sep. 2013 was 80.58. 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.

Milano Assicurazioni Interest Expense Historical Data

The historical data trend for Milano Assicurazioni'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.

Milano Assicurazioni Interest Expense Chart

Milano Assicurazioni Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Interest Expense

Get a 7-Day Free Trial

-18.64

-15.25

-13.73

-12.52

-10.91

Milano Assicurazioni Quarterly Data
	Dec09	Jun10	Mar11	Jun11	Dec11	Jun12	Dec12	Jun13	Sep13
Interest Expense	Get a 7-Day Free Trial				-3.98	-3.04	-2.59	-2.21	-1.41

Milano Assicurazioni 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6 Mil.

Milano Assicurazioni (LTS:0A1H) 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.

Milano Assicurazioni's Interest Expense for the three months ended in Sep. 2013 was €-1 Mil. Its EBIT for the three months ended in Sep. 2013 was €114 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2013 was €0 Mil.

Milano Assicurazioni's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Sep. 2013 )	/	Interest Expense (Q: Sep. 2013 )
	=	-1	*	113.536	/	-1.409
	=	80.58

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

Milano Assicurazioni (LTS:0A1H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Milano Assicurazioni (LTS:0A1H) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.milass.it

Milano Assicurazioni is incorporated in Italy. It is engaged in the insurance sector. The Company offers a range of insurance products, such as car, accident, health, life, railway, aviation, property and credit insurance policies. The Company is also active in the provision of collective insurance policies and pension funds management.

Milano Assicurazioni (LTS:0A1H) Headlines

No Headlines