LU-VE SpA (LTS:0RQV) Interest Expense : €-10.2 Mil (TTM As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is LU-VE SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LU-VE SpA's interest expense for the three months ended in Sep. 2024 was € -7.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-10.2 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. LU-VE SpA's Operating Income for the three months ended in Sep. 2024 was € 13.3 Mil. LU-VE SpA's Interest Expense for the three months ended in Sep. 2024 was € -7.7 Mil. LU-VE SpA's Interest Coverage for the quarter that ended in Sep. 2024 was 1.73. 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.

LU-VE SpA Interest Expense Historical Data

The historical data trend for LU-VE 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.

LU-VE SpA Interest Expense Chart

LU-VE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-1.44

-1.97

-1.46

-9.08

-8.61

LU-VE SpA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-5.07	2.11	-1.78	-2.87	-7.68

LU-VE 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10.2 Mil.

LU-VE SpA (LTS:0RQV) 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.

LU-VE SpA's Interest Expense for the three months ended in Sep. 2024 was €-7.7 Mil. Its Operating Income for the three months ended in Sep. 2024 was €13.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was €220.4 Mil.

LU-VE SpA's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	13.319	/	-7.683
	=	1.73

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

LU-VE SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » LU-VE SpA (LTS:0RQV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LUVE:Italy V92:Germany

Address

Via Caduti della Liberazione, 53, Uboldo, Varese, ITA, 21040

Website

https://www.luvegroup.com

LU-VE SpA manufactures and markets refrigeration and air conditioning products in Italy. Its products include commercial unit coolers, industrial unit coolers, air coolers, tubeless steel condensers, dry coolers, accessories, and special products. The company offers its products for industrial and commercial refrigeration, air conditioning, energy, power, industrial, and other applications. The company's segment includes Cooling Systems SBU and Components SBU. It generates maximum revenue from the Components SBU segment.

LU-VE SpA Headlines

No Headlines