Destination Italia SpA (MIL:DIT) Interest Expense : €-0.70 Mil (TTM As of Jun. 2024)

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What is Destination Italia SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Destination Italia SpA's interest expense for the six months ended in Jun. 2024 was € -0.40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.70 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. Destination Italia SpA's Operating Income for the six months ended in Jun. 2024 was € -0.65 Mil. Destination Italia SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.40 Mil. Destination Italia SpA did not have earnings to cover the interest expense. 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.

Destination Italia SpA Interest Expense Historical Data

The historical data trend for Destination Italia 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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Destination Italia SpA Interest Expense Chart

Destination Italia SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.04

-0.07

-0.10

-0.53

Destination Italia SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial					-0.05	-0.05	-0.22	-0.31	-0.40

Destination Italia 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.70 Mil.

Destination Italia SpA (MIL:DIT) 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.

Destination Italia SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.40 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €16.63 Mil.

Destination Italia SpA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Destination Italia SpA did not have earnings to cover the interest expense.

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

Destination Italia SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Destination Italia SpA (MIL:DIT) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Via Galleria Sala dei Longobardi 2, Milan, ITA, 20121

Website

https://www.destinationitalia.com

Destination Italia SpA is an online travel agency that offers custom-made visits and trips to Italy. Its business activity is carried out via the Destination Italia incoming agency, which brings together various tour operators and travel agencies across the world, as well as through the SONO Travel Club luxury travel platform.