SBE-Varvit SpA (MIL:VARV) Interest Expense : €-1.2 Mil (TTM As of Dec. 2024)

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What is SBE-Varvit SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SBE-Varvit SpA's interest expense for the six months ended in Dec. 2024 was € -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was €-1.2 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. SBE-Varvit SpA's Operating Income for the six months ended in Dec. 2024 was € 14.1 Mil. SBE-Varvit SpA's Interest Expense for the six months ended in Dec. 2024 was € -0.5 Mil. SBE-Varvit SpA's Interest Coverage for the quarter that ended in Dec. 2024 was 29.10. 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.

SBE-Varvit SpA Interest Expense Historical Data

The historical data trend for SBE-Varvit 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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SBE-Varvit SpA Interest Expense Chart

SBE-Varvit SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Interest Expense

-0.56

-1.02

-1.46

-1.20

SBE-Varvit SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial			-0.55	-0.73	-0.73	-0.71	-0.48

SBE-Varvit 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 Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.2 Mil.

SBE-Varvit SpA (MIL:VARV) 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.

SBE-Varvit SpA's Interest Expense for the six months ended in Dec. 2024 was €-0.5 Mil. Its Operating Income for the six months ended in Dec. 2024 was €14.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was €11.2 Mil.

SBE-Varvit SpA'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	*	14.086	/	-0.484
	=	29.10

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

SBE-Varvit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (MIL:VARV) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122

Website

https://www.sbe.it

SBE-Varvit SpA is a company involved in the production of fasteners, and mechanical fastening joints of fundamental importance for many industrial sectors. It serves various sectors by offering products including screws, nuts, and cold-pressed products, of which a majority are manufactured internally, at its fully verticalized production facilities. The company operates in a single segment which is the production and sale of screws, bolts, and other mechanical components Geographically, it generates maximum revenue from Italy and the rest from the United States, Germany, Spain, France, and other countries.

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