Abitare In SpA (MIL:ABT) Interest Expense : €-10.3 Mil (TTM As of Dec. 2023)

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What is Abitare In SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Abitare In SpA's interest expense for the three months ended in Dec. 2023 was € -1.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-10.3 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. Abitare In SpA's Operating Income for the three months ended in Dec. 2023 was € 3.6 Mil. Abitare In SpA's Interest Expense for the three months ended in Dec. 2023 was € -1.9 Mil. Abitare In SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 1.87. 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.

Abitare In SpA Interest Expense Historical Data

The historical data trend for Abitare In 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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Abitare In SpA Interest Expense Chart

Abitare In SpA Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

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-1.37

-2.08

-2.34

-3.49

-10.64

Abitare In SpA Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.28	-0.93	-4.44	-2.99	-1.94

Abitare In 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 quarterly data reported by the company within the most recent 12 months, which was €-10.3 Mil.

Abitare In SpA (MIL:ABT) 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.

Abitare In SpA's Interest Expense for the three months ended in Dec. 2023 was €-1.9 Mil. Its Operating Income for the three months ended in Dec. 2023 was €3.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €0.0 Mil.

Abitare In 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	*	3.619	/	-1.939
	=	1.87

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

Abitare In SpA (MIL:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Abitare In SpA (MIL:ABT) » Definitions » Interest Expense

Traded in Other Exchanges

1BN:Germany

Address

Via degli Olivetani 10/12, Milan, ITA, 20123

Website

https://www.abitareinspa.com

Abitare In SpA is a real estate company. It is engaged in developing and selling real estate units including urban building projects in Milan, Italy. Its projects include Poste and Maggiolina.