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Confinvest FL SpA (MIL:CFV) Interest Expense : €-0.08 Mil (TTM As of Dec. 2023)


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What is Confinvest FL SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Confinvest FL SpA's interest expense for the six months ended in Dec. 2023 was € -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.08 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. Confinvest FL SpA's Operating Income for the six months ended in Dec. 2023 was € 0.18 Mil. Confinvest FL SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.03 Mil. Confinvest FL SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 5.83. 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.


Confinvest FL SpA Interest Expense Historical Data

The historical data trend for Confinvest FL 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.

Confinvest FL SpA Interest Expense Chart

Confinvest FL SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.20 -0.01 -0.01 -0.02 -0.08

Confinvest FL SpA Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.05 -0.03

Confinvest FL 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.08 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.


Confinvest FL SpA  (MIL:CFV) 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.

Confinvest FL SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.18 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.25 Mil.

Confinvest FL SpA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.175/-0.03
=5.83

* 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.


Confinvest FL SpA (MIL:CFV) Business Description

Traded in Other Exchanges
N/A
Address
Via della Posta, 8 - Piazza Affari, Milan, ITA, 20123
Confinvest FL SpA operates in the Italian physical investment gold market. It offers various solutions and services such as daily prices of gold, physical gold custody service, accumulation plan in physical gold and others.