Rigsave SpA (XTER:H68) Interest Expense : € Mil (TTM As of Dec. 2023)

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What is Rigsave SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rigsave SpA's interest expense for the six months ended in Dec. 2023 was € -0.01 Mil. Rigsave 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. Rigsave SpA's Operating Income for the six months ended in Dec. 2023 was € -0.71 Mil. Rigsave SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.01 Mil. Rigsave 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.

Rigsave SpA Interest Expense Historical Data

The historical data trend for Rigsave 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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Rigsave SpA Interest Expense Chart

Rigsave SpA Annual Data

Trend

Dec22

Dec23

Interest Expense

-0.01

Rigsave SpA Semi-Annual Data
	Dec22	Dec23
Interest Expense	-0.01	-0.01

Rigsave SpA Interest Expense Calculation

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

Rigsave SpA (XTER:H68) 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.

Rigsave SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was €-0.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €0.20 Mil.

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

Rigsave SpA did not have earnings to cover the interest expense.

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

Rigsave SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rigsave SpA (XTER:H68) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Giuseppe Zanardelli, 38, Brescia, ITA, 25121

Website

https://www.rigsave.com

Rigsave SpA is engaged in providing consulting and portfolio management services and to act as a distribution partner in the sale of structured products by its customers.

Executives

Mr. Salvatore Gervasi	Board of Directors
Mr. Michele Basilicata	Board of Directors
Mr. Andrea Polzot	CFO
Mr. Giovanni Gervasi	member of the investment committee, portfolio manager and investment advisor at Rigsave Capital Ltd

Rigsave SpA Headlines

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