Mevim SpA (MIL:MEV) Interest Expense : €-0.16 Mil (TTM As of Jun. 2024)

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What is Mevim SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mevim SpA's interest expense for the six months ended in Jun. 2024 was € -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.16 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. Mevim SpA's Operating Income for the six months ended in Jun. 2024 was € -0.26 Mil. Mevim SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.08 Mil. Mevim 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.

Mevim SpA Interest Expense Historical Data

The historical data trend for Mevim 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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Mevim SpA Interest Expense Chart

Mevim SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.33

-0.25

-0.24

-0.09

Mevim SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.22	-0.01	-0.08	-0.08

Mevim 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 €-0.16 Mil.

Mevim SpA (MIL:MEV) 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.

Mevim SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.08 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.15 Mil.

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

Mevim SpA did not have earnings to cover the interest expense.

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

Mevim SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mevim SpA (MIL:MEV) » Definitions » Interest Expense

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Address

Via Giuseppe Pisanell 4, Rome, ITA, 00196

Website

http://www.imvest.it

Mevim SpA Formerly Imvest Spa is a real estate company. The company has two divisions namely Income, which includes real estate leasing services relating to commercial and office buildings. Trading and development include the purchase and sale of real estate.

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