Predict SpA (MIL:PRE) Interest Expense : € Mil (TTM As of Jun. 2024)

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What is Predict SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Predict SpA's interest expense for the six months ended in Jun. 2024 was € -0.03 Mil. Predict SpA does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2024.

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. Predict SpA's Operating Income for the six months ended in Jun. 2024 was € -0.29 Mil. Predict SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.03 Mil. Predict 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.

Predict SpA Interest Expense Historical Data

The historical data trend for Predict 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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Predict SpA Interest Expense Chart

Predict SpA Annual Data

Trend

Dec22

Dec23

Dec24

Interest Expense

-0.01

-0.04

Predict SpA Semi-Annual Data
	Dec22	Dec23	Jun24	Dec24
Interest Expense	-	-	-0.03	-0.01

Predict SpA Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Predict SpA (MIL:PRE) 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.

Predict SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.03 Mil. Its Operating Income for the six months ended in Jun. 2024 was €-0.29 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.84 Mil.

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

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

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

Predict SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predict SpA (MIL:PRE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Fiera del Levante Pad. 105, Viale Adriatico, Bari, ITA, 70132

Website

https://www.predictcare.it

Predict SpA develops innovative healthcare technologies, such as Optip and Mistral, and sells medical diagnostic imaging systems. Its products include Versana Active GE, Optic probe, Versana Balance GE, Voluson S-series, and Vivid T8.