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Banca Ifis (MIL:IF) Interest Expense : €-485.8 Mil (TTM As of Dec. 2023)


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What is Banca Ifis Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banca Ifis's interest expense for the three months ended in Dec. 2023 was € -343.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-485.8 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. Banca Ifis's Operating Income for the three months ended in Dec. 2023 was € Mil. Banca Ifis's Interest Expense for the three months ended in Dec. 2023 was € Mil. 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.

Banca Ifis Interest Expense Historical Data

The historical data trend for Banca Ifis'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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Banca Ifis Interest Expense Chart

Banca Ifis 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 -114.34 -107.71 -114.15 -114.23 -343.06

Banca Ifis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only -114.23 - -142.70 - -343.06

Banca Ifis 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 quarterly data reported by the company within the most recent 12 months, which was €-485.8 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.

Banca Ifis (MIL:IF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banca Ifis (MIL:IF) » Definitions » Interest Expense
Comparable Companies
MIL:BDB MIL:ILTY MIL:DOV MIL:PRO MIL:BST MIL:CE MIL:BPSO MIL:BGN NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP USB MIL:UCG
Traded in Other Exchanges
0NBX:UK 0I6:Germany
Address
Via Terraglio, 63, Mestre, Venice, ITA, 30174
Website
https://www.bancaifis.it
Banca Ifis is an independent banking group specializing in the collection of trade receivables, non-performing loans, and tax receivables. The group's credit is exposed mostly to Italy and other European nations. Its trade receivables segment focuses on growing trade finance loans and providing liquidity to Italian small and medium-sized enterprises. Approximately one-third of its loan portfolio is from government and public administration, whereas two-thirds are from the private sector. The group's earning assets are split nearly evenly between loans to customers and debt and equity securities available for sale. The group's net revenue is net interest income.