Banca Mediolanum (MIL:BMED) Interest Expense : €-351 Mil (TTM As of Sep. 2023)

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What is Banca Mediolanum Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banca Mediolanum's interest expense for the three months ended in Sep. 2023 was € -153 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-351 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. Banca Mediolanum's Operating Income for the three months ended in Sep. 2023 was € Mil. Banca Mediolanum's Interest Expense for the three months ended in Sep. 2023 was € Mil. 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.

Banca Mediolanum Interest Expense Historical Data

The historical data trend for Banca Mediolanum'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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Banca Mediolanum Interest Expense Chart

Banca Mediolanum Annual Data

Trend

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Dec23

Interest Expense

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-63.01

-73.25

-53.76

-79.83

Banca Mediolanum Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-42.94	-77.84	-120.54	-152.52	-

Banca Mediolanum 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-351 Mil.

Banca Mediolanum (MIL:BMED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Mediolanum (MIL:BMED) » Definitions » Interest Expense

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Traded in Other Exchanges

BNMDF:USA BNCDY:USA 0RDO:UK ME1:Germany

Address

Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080

Website

http://www.mediolanum.it

Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.