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Nusco SpA (MIL:NUS) Interest Expense : €-1.00 Mil (TTM As of Jun. 2024)


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What is Nusco SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nusco SpA's interest expense for the six months ended in Jun. 2024 was € -0.51 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-1.00 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. Nusco SpA's Operating Income for the six months ended in Jun. 2024 was € 3.24 Mil. Nusco SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.51 Mil. Nusco SpA's Interest Coverage for the quarter that ended in Jun. 2024 was 6.31. 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.


Nusco SpA Interest Expense Historical Data

The historical data trend for Nusco 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.

Nusco SpA Interest Expense Chart

Nusco SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.23 -0.16 -0.74 -0.57 -1.05

Nusco SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.26 -0.31 -0.56 -0.49 -0.51

Nusco 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 €-1.00 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.


Nusco SpA  (MIL:NUS) 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.

Nusco SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.51 Mil. Its Operating Income for the six months ended in Jun. 2024 was €3.24 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €6.48 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*3.236/-0.513
=6.31

* 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.


Nusco SpA Business Description

Traded in Other Exchanges
N/A
Address
SS7 bis km 50.500, Nola, Naples, ITA, 80035
Nusco SpA is operating in the design, manufacture, and marketing of wood, PVC, and aluminum doors and windows under the Nusco brand. Its products include veneer doors, laminated doors, security doors, solid wood doors, pantograph and engraving doors, invisible doors, reversible doors, sliding doors, wood and aluminum windows, aluminum and wood doors, windows in PVC, and others. Geographically, the company generates a majority of its revenue from Italy and the rest from other countries of the European Union, and other regions.