Italian Sea Group (MIL:TISG) Interest Expense : €-7.7 Mil (TTM As of Dec. 2024)

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What is Italian Sea Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Italian Sea Group's interest expense for the six months ended in Dec. 2024 was € -4.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-7.7 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. Italian Sea Group's Operating Income for the six months ended in Dec. 2024 was € 25.3 Mil. Italian Sea Group's Interest Expense for the six months ended in Dec. 2024 was € -4.6 Mil. Italian Sea Group's Interest Coverage for the quarter that ended in Dec. 2024 was 5.50. 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.

Italian Sea Group Interest Expense Historical Data

The historical data trend for Italian Sea Group'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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Italian Sea Group Interest Expense Chart

Italian Sea Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-1.99

-3.28

-4.26

-6.45

-7.73

Italian Sea Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial							-2.81	-2.82	-3.62	-3.13	-4.60

Italian Sea Group 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-7.7 Mil.

Italian Sea Group (MIL:TISG) 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.

Italian Sea Group's Interest Expense for the six months ended in Dec. 2024 was €-4.6 Mil. Its Operating Income for the six months ended in Dec. 2024 was €25.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €0.0 Mil.

Italian Sea Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	25.325	/	-4.604
	=	5.50

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

Italian Sea Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Italian Sea Group (MIL:TISG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6QN:Germany

Address

Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033

Website

https://www.theitalianseagroup.com

Italian Sea Group is engaged in designing, manufacturing, and sales of custom-made luxury superyachts. It is active in the construction and refit of motor yachts and sailing yachts up to 140 meters and operates in the new building market under the Admiral, Tecnomar, Perini Navi, and Picchiotti brands, and is active in the large refit business under the NCA Refit brand. Geographically, the company generates revenue from the Americas, Europe, and Asia-Pacific region.

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