Salcef Group SpA (MIL:SCF) Interest Expense : €-9.6 Mil (TTM As of Sep. 2023)

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What is Salcef Group SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Salcef Group SpA's interest expense for the three months ended in Sep. 2023 was € -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-9.6 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. Salcef Group SpA's Operating Income for the three months ended in Sep. 2023 was € 22.3 Mil. Salcef Group SpA's Interest Expense for the three months ended in Sep. 2023 was € -4.6 Mil. Salcef Group SpA's Interest Coverage for the quarter that ended in Sep. 2023 was 4.81. 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.

Salcef Group SpA Interest Expense Historical Data

The historical data trend for Salcef Group 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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Salcef Group SpA Interest Expense Chart

Salcef Group SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-3.37

-0.43

-1.40

-1.62

-3.12

Salcef Group SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial															7.64	-1.18	-2.98	-4.64	-1.97

Salcef Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-9.6 Mil.

Salcef Group SpA (MIL:SCF) 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.

Salcef Group SpA's Interest Expense for the three months ended in Sep. 2023 was €-4.6 Mil. Its Operating Income for the three months ended in Sep. 2023 was €22.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €8.5 Mil.

Salcef Group SpA's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	22.309	/	-4.635
	=	4.81

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

Salcef Group SpA (MIL:SCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salcef Group SpA (MIL:SCF) » Definitions » Interest Expense

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7S9:Germany

Address

Via Salaria 1027, Rome, ITA, 00138

Website

https://www.salcef.com

Salcef Group SpA is engaged in the design, construction, and maintenance of railway and metro infrastructures, as well as the supply of equipment and services. The company's operating segment are Permanent way systems, Infrastructure, Energy, signalling and telecommunications, Railway materials, Railway machines and Grinding. It generates maximum revenue from the permanent way systems services. Geographically, it derives a majority of its revenue from Italy.

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