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Simone SpA (MIL:SMN) Interest Expense : € Mil (TTM As of Jun. 2023)


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What is Simone SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simone SpA's interest expense for the six months ended in Jun. 2023 was € -0.09 Mil. Simone SpA does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Simone SpA's Operating Income for the six months ended in Jun. 2023 was € 0.43 Mil. Simone SpA's Interest Expense for the six months ended in Jun. 2023 was € -0.09 Mil. Simone SpA's Interest Coverage for the quarter that ended in Jun. 2023 was 4.98. 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.


Simone SpA Interest Expense Historical Data

The historical data trend for Simone 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.

Simone SpA Interest Expense Chart

Simone SpA Annual Data
Trend Dec21 Dec22
Interest Expense
-0.08 -0.12

Simone SpA Semi-Annual Data
Dec21 Dec22 Jun23
Interest Expense - - -0.09

Simone SpA Interest Expense Calculation

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


Simone SpA  (MIL:SMN) 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.

Simone SpA's Interest Expense for the six months ended in Jun. 2023 was €-0.09 Mil. Its Operating Income for the six months ended in Jun. 2023 was €0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was €5.57 Mil.

Simone SpA's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*0.433/-0.087
=4.98

* 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.


Simone SpA (MIL:SMN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Via Riviera di Chiaia 256, Napoli, ITA, 80121
Simone SpA is a publishing company based in Naples, Italy. It mainly publishes educational materials and textbooks.

Simone SpA (MIL:SMN) Headlines