Vantea Smart SpA (MIL:VNT) Interest Expense : €-0.26 Mil (TTM As of Dec. 2023)

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What is Vantea Smart SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vantea Smart SpA's interest expense for the six months ended in Dec. 2023 was € -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.26 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. Vantea Smart SpA's Operating Income for the six months ended in Dec. 2023 was € 0.43 Mil. Vantea Smart SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.08 Mil. Vantea Smart SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 5.07. 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.

Vantea Smart SpA Interest Expense Historical Data

The historical data trend for Vantea Smart 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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Vantea Smart SpA Interest Expense Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.03

-0.11

-0.25

-0.26

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.10	-0.15	-0.10	-0.18	-0.08

Vantea Smart 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.26 Mil.

Vantea Smart SpA (MIL:VNT) 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.

Vantea Smart SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.08 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.43 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4.89 Mil.

Vantea Smart 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	*	0.426	/	-0.084
	=	5.07

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

Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.