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Homizy SpA (MIL:HZY) Interest Expense : €-0.12 Mil (TTM As of Sep. 2024)


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What is Homizy SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Homizy SpA's interest expense for the six months ended in Sep. 2024 was € -0.06 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was €-0.12 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. Homizy SpA's Operating Income for the six months ended in Sep. 2024 was € 0.67 Mil. Homizy SpA's Interest Expense for the six months ended in Sep. 2024 was € -0.06 Mil. Homizy SpA's Interest Coverage for the quarter that ended in Sep. 2024 was 10.41. 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.


Homizy SpA Interest Expense Historical Data

The historical data trend for Homizy 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.

Homizy SpA Interest Expense Chart

Homizy SpA Annual Data
Trend Sep22 Sep23 Sep24
Interest Expense
-0.01 -0.02 -0.12

Homizy SpA Semi-Annual Data
Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Interest Expense Get a 7-Day Free Trial -0.01 -0.17 -0.02 -0.06 -0.06

Homizy 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.12 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.


Homizy SpA  (MIL:HZY) 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.

Homizy SpA's Interest Expense for the six months ended in Sep. 2024 was €-0.06 Mil. Its Operating Income for the six months ended in Sep. 2024 was €0.67 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was €16.56 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.666/-0.064
=10.41

* 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.


Homizy SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Degli Olivetani 10/12, Milan, ITA, 20123
Homizy SpA is in the development of a new strategic business line of residential real estate renting through co-living solutions. The company offers a new housing formula for rent: smart; quality; dynamic and economically sustainable for young workers who live or arrive in Milan.

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