Espe SpA (MIL:ESPE) Interest Expense : €-0.42 Mil (TTM As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Espe SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Espe SpA's interest expense for the six months ended in Jun. 2024 was € -0.25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.42 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. Espe SpA's Operating Income for the six months ended in Jun. 2024 was € 2.60 Mil. Espe SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.25 Mil. Espe SpA's Interest Coverage for the quarter that ended in Jun. 2024 was 10.53. 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.

Espe SpA Interest Expense Historical Data

The historical data trend for Espe 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.

Espe SpA Interest Expense Chart

Espe SpA Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.11

-0.13

-0.32

Espe SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial			-0.05	-0.08	-0.16	-0.17	-0.25

Espe 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 €-0.42 Mil.

Espe SpA (MIL:ESPE) 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.

Espe SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.25 Mil. Its Operating Income for the six months ended in Jun. 2024 was €2.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €3.68 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	2.602	/	-0.247
	=	10.53

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

Espe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Espe SpA (MIL:ESPE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Dell Artigianato 6, Grantorto, Padua, ITA, 35010

Website

https://www.espe.it

Espe SpA is a company which is producers of cutting edge solutions. They are born as installers of industrial electrical systems, over the years they have accumulated a rich wealth of experience, expanding its activities in the field of installation of photovoltaic systems and in the direct production of innovative technologies in the small wind, hydroelectric and biomass sectors.

Espe SpA Headlines

No Headlines