Longino & Cardenal SpA (MIL:LON) Interest Expense : €-0.40 Mil (TTM As of Jun. 2024)

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What is Longino & Cardenal SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Longino & Cardenal SpA's interest expense for the six months ended in Jun. 2024 was € -0.20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.40 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. Longino & Cardenal SpA's Operating Income for the six months ended in Jun. 2024 was € -0.05 Mil. Longino & Cardenal SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.20 Mil. Longino & Cardenal SpA did not have earnings to cover the interest expense. 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.

Longino & Cardenal SpA Interest Expense Historical Data

The historical data trend for Longino & Cardenal 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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Longino & Cardenal SpA Interest Expense Chart

Longino & Cardenal SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-0.05

-0.06

-0.10

-0.31

Longino & Cardenal SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial											-0.04	-0.06	-0.10	-0.20	-0.20

Longino & Cardenal 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 €-0.40 Mil.

Longino & Cardenal SpA (MIL:LON) 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.

Longino & Cardenal SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.20 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €3.45 Mil.

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

Longino & Cardenal SpA did not have earnings to cover the interest expense.

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

Longino & Cardenal SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Longino & Cardenal SpA (MIL:LON) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Via Ambrogio Moroni, 8, Pogliano Milanese, ITA, 20010

Website

http://www.longino.it

Longino & Cardenal SpA is a supplier of food to restaurants. The company imports fresh caviar from Iran, for sale to restaurants and specialist delicatessens.

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