Growens SpA (MIL:GROW) Interest Expense : €0.00 Mil (TTM As of Jun. 2024)

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What is Growens SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Growens SpA's interest expense for the three months ended in Jun. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €0.00 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. Growens SpA's Operating Income for the three months ended in Jun. 2024 was € 0.00 Mil. Growens SpA's Interest Expense for the three months ended in Jun. 2024 was € 0.00 Mil. GuruFocus does not calculate Growens SpA's interest coverage with the available data. 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.

Growens SpA Interest Expense Historical Data

The historical data trend for Growens 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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Growens SpA Interest Expense Chart

Growens SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.08

-0.09

-0.11

-0.30

Growens SpA Quarterly Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-	-	-	-	-

Growens 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 quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Growens SpA (MIL:GROW) 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.

Growens SpA's Interest Expense for the three months ended in Jun. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was €0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €2.62 Mil.

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

GuruFocus does not calculate Growens SpA's interest coverage with the available data.

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Growens SpA has enough cash to cover all of its debt. Its financial situation is stable.

Growens SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Growens SpA (MIL:GROW) » Definitions » Interest Expense

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0MU:Germany

Address

Via Pola 9, Milan, ITA, 20124

Website

https://www.growens.io

Growens SpA is a company has developed a software-as-a-service platform that provides Cloud services to its customers, with a specific emphasis on content design. Additionally, the company is involved in the development and sale of technologies for the mass sending of SMS messages for marketing and transactional purposes. The company has established connections with over 370 B2B operators. The company develops integrations and automation, targeting, and tracking tools. The business units of the company are Agile Telecom and Beefree.