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

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


View and export this data going back to 2021. Start your Free Trial

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.

* Premium members only.

Italian Sea Group Interest Expense Chart

Italian Sea Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial -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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -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.

* 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.


Italian Sea Group  (MIL:TISG) 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.

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

* 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.


Italian Sea Group Business Description

Traded in Other Exchanges
Address
Viale Cristoforo Colombo, 4Bis, Marina di Carrara, ITA, 54033
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.

Italian Sea Group Headlines

No Headlines