GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferretti SpA (HKSE:09638) » Definitions » Interest Expense

Ferretti SpA (HKSE:09638) Interest Expense : HK$-16 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Ferretti SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ferretti SpA's interest expense for the six months ended in Dec. 2023 was HK$ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-16 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. Ferretti SpA's Operating Income for the six months ended in Dec. 2023 was HK$ 215 Mil. Ferretti SpA's Interest Expense for the six months ended in Dec. 2023 was HK$ -9 Mil. Ferretti SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 24.44. 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.

Ferretti SpA Interest Expense Historical Data

The historical data trend for Ferretti 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.

Ferretti SpA Interest Expense Chart

Ferretti SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -49.68 -58.16 -41.97 -26.65 -16.01

Ferretti SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only -18.09 -13.96 -12.77 -7.17 -8.82

Ferretti 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 HK$-16 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.

Ferretti SpA  (HKSE:09638) 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.

Ferretti SpA's Interest Expense for the six months ended in Dec. 2023 was HK$-9 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$215 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$184 Mil.

Ferretti 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*215.472/-8.815
=24.44

* 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.

Ferretti SpA (HKSE:09638) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferretti SpA (HKSE:09638) » Definitions » Interest Expense
Comparable Companies
HKSE:00308 HKSE:02255 HKSE:01126 HKSE:06858 HKSE:01005 HKSE:00419 HKSE:00635 HKSE:06918 HKSE:00869 HKSE:01086 TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 SZSE:300144
Traded in Other Exchanges
YACHT:Italy F3T1:Germany F3T1:Germany
Address
Via Ansaldo, 7, Forli, ITA, 47122
Website
https://www.ferrettigroup.com
Ferretti SpA is an Italy based company. The company is engaged in the Sale of yachts to order (sale of composite yachts, made-to-measure yachts and super yachts) and the Sale of used boats.
Executives
Valea Foundation 2201 Interest of corporation controlled by you
Komarek Karel 2501 Other
Ubs Group Ag
Ferretti International Holding S.p.a. 2101 Beneficial owner
Shandong Heavy Industry Group Co., Ltd. 2201 Interest of corporation controlled by you
Weichai Holding Group Co., Ltd. 2201 Interest of corporation controlled by you
Weichai Holding Group Hongkong Investment Co., Limited 2201 Interest of corporation controlled by you
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
F Investments S.a. 2101 Beneficial owner
Ferrari Piero 2201 Interest of corporation controlled by you
Wang Renjie 2201 Interest of corporation controlled by you

Ferretti SpA (HKSE:09638) Headlines

No Headlines