GEL SpA (MIL:GEL) Interest Expense: €-0.23 Mil (TTM As of Jun. 2024)


MIL:GEL GEL SpA MIL:GEL
25 GF Score
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What is GEL SpA Interest Expense?

GEL SpA MIL:GEL 25 Interest Expense is €-0.23 Mil as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GEL SpA's interest expense for the six months ended in Jun. 2024 was € -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.23 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. GEL SpA's Operating Income for the six months ended in Jun. 2024 was € 0.67 Mil. GEL SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.15 Mil. GEL SpA's Interest Coverage for the quarter that ended in Jun. 2024 was 4.57. 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.

GEL SpA  (MIL:GEL) 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.

GEL SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.15 Mil. Its Operating Income for the six months ended in Jun. 2024 was €0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.00 Mil.

GEL 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*0.667/-0.146
=4.57

* 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.

GEL SpA Interest Expense Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA Interest Expense Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.11 -0.14 -0.27 -0.06

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.07 -0.13 -0.13 -0.15 -0.08
MIL:GEL
25GF Score
GEL SpA MIL:GEL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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GEL 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 €-0.23 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €-0.23 Mil mean?
GEL SpA (MIL:GEL) has a Interest Expense of €-0.23 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on GEL SpA and its competitors.
Is GEL SpA's Interest Expense too high?
GEL SpA's current Interest Expense is €-0.23 Mil. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Interest Expense compare to VLTO and ZWS?
GEL SpA's Interest Expense of €-0.23 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on GEL SpA and its competitors. GEL SpA's current Interest Expense is €-0.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Interest Expense of €-0.23 Mil. The current Interest Expense is €-0.23 Mil. GEL SpA's overall GF Score™ is 25/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For GEL SpA (MIL:GEL), the current Interest Expense is €-0.23 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
25GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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