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Lemon Sistemi SpA (MIL:LS) Interest Expense : €-0.75 Mil (TTM As of Dec. 2023)


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What is Lemon Sistemi SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lemon Sistemi SpA's interest expense for the six months ended in Dec. 2023 was € -0.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.75 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. Lemon Sistemi SpA's Operating Income for the six months ended in Dec. 2023 was € 1.77 Mil. Lemon Sistemi SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.71 Mil. Lemon Sistemi SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 2.51. 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.


Lemon Sistemi SpA Interest Expense Historical Data

The historical data trend for Lemon Sistemi 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.

Lemon Sistemi SpA Interest Expense Chart

Lemon Sistemi SpA Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.01 -1.24 -0.75

Lemon Sistemi SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Interest Expense - - -0.05 -0.71

Lemon Sistemi 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.75 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.


Lemon Sistemi SpA  (MIL:LS) 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.

Lemon Sistemi SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.71 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €1.41 Mil.

Lemon Sistemi SpA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1.767/-0.705
=2.51

* 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.


Lemon Sistemi SpA (MIL:LS) Business Description

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Address
Via IV Novembre, Balestrate, ITA, 6090041
Lemon Sistemi SpA is an Italian company that specializes in solar energy systems. It focuses on designing, installing, and maintaining photovoltaic systems for homes and businesses. Its product portfolio includes Sunpower photovoltaic, Solar Thermal, Renewable heating systems, Storage systems, and Electric car charging stations.

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