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Gambero Rosso SpA (MIL:GAMB) Interest Expense : €-0.42 Mil (TTM As of Dec. 2023)


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What is Gambero Rosso SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gambero Rosso SpA's interest expense for the six months ended in Dec. 2023 was € -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Gambero Rosso SpA's Operating Income for the six months ended in Dec. 2023 was € 1.59 Mil. Gambero Rosso SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.13 Mil. Gambero Rosso SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 11.87. 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.


Gambero Rosso SpA Interest Expense Historical Data

The historical data trend for Gambero Rosso 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.

Gambero Rosso SpA Interest Expense Chart

Gambero Rosso SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 -0.29 -0.34 -0.33 -0.42

Gambero Rosso SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.20 -0.13 -0.28 -0.13

Gambero Rosso 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 €-0.42 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.


Gambero Rosso SpA  (MIL:GAMB) 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.

Gambero Rosso SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.13 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.59 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €8.47 Mil.

Gambero Rosso 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*1.59/-0.134
=11.87

* 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.


Gambero Rosso SpA (MIL:GAMB) Business Description

Traded in Other Exchanges
N/A
Address
Via Ottavio Gasparri, 13/17, Roma, ITA, 00152
Gambero Rosso SpA is an Italian publishing group. It operates in two operating segments: Food and wine, Publishing. The company publishes monthly magazines, the weekly Tre Bicchieri and the programs of Gambero Rosso Channel. Whereas in Food and wine, it operates in variety of courses.