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Unipol Assicurazioni SpA (MIL:UNI) Interest Expense : €-1,303 Mil (TTM As of Jun. 2024)


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What is Unipol Assicurazioni SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unipol Assicurazioni SpA's interest expense for the six months ended in Jun. 2024 was € -643 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-1,303 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. Unipol Assicurazioni SpA's Operating Income for the six months ended in Jun. 2024 was € 0 Mil. Unipol Assicurazioni SpA's Interest Expense for the six months ended in Jun. 2024 was € -643 Mil. Unipol Assicurazioni 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.


Unipol Assicurazioni SpA Interest Expense Historical Data

The historical data trend for Unipol Assicurazioni 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.

Unipol Assicurazioni SpA Interest Expense Chart

Unipol Assicurazioni SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,199.60 -1,225.90 -1,316.00 -1,194.00 -1,303.00

Unipol Assicurazioni SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -701.00 -619.00 -575.00 -643.00 -660.00

Unipol Assicurazioni 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1,303 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.


Unipol Assicurazioni SpA  (MIL:UNI) 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.

Unipol Assicurazioni SpA's Interest Expense for the six months ended in Jun. 2024 was €-643 Mil. Its EBIT for the six months ended in Jun. 2024 was €0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €5,551 Mil.

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

* 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.


Unipol Assicurazioni SpA Business Description

Traded in Other Exchanges
Address
Via Stalingrado, 45, Bologna, ITA, 40128
Unipol Assicurazioni SpA formerly Unipol Gruppo SpA together with its subsidiaries is engaged in providing insurance and banking products in Italy. It offers life insurance, non-life insurance, car insurance and loans for entrepreneurial activities. It operates and has two reportable segments such as Non-Life insurance business, Life insurance business. It makes majority of its revenue from Life insurance business segment.

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