Valica SpA (MIL:VLC) Interest Expense : € Mil (TTM As of Dec. 2023)

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What is Valica SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Valica SpA's interest expense for the six months ended in Dec. 2023 was € -0.02 Mil. Valica SpA does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 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. Valica SpA's Operating Income for the six months ended in Dec. 2023 was € 0.16 Mil. Valica SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.02 Mil. Valica SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 7.41. 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.

Valica SpA Interest Expense Historical Data

The historical data trend for Valica 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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Valica SpA Interest Expense Chart

Valica SpA Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.03

-0.04

-0.02

Valica SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-0.03	-0.04	-0.02

Valica SpA Interest Expense Calculation

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

Valica SpA (MIL:VLC) 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.

Valica SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.86 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	0.163	/	-0.022
	=	7.41

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

Valica SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Valica SpA (MIL:VLC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Arezzo, 1, Rome, ITA, 00161

Website

https://www.valica.it

Valica SpA is a mar-tech Company, i.e. companies that carry out marketing activities carried out with the support of technology. It operates in the business of online advertising (digital advertising), offers special projects and agency and consultancy services for operators in the tourism market, as well as the organization of food and wine events (event marketing) also through the so-called phygital marketing.

Valica SpA Headlines

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