Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Interest Expense : €-2.3 Mil (TTM As of Dec. 2023)

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What is Aeroporto Guglielmo Marconi di Bologna SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aeroporto Guglielmo Marconi di Bologna SpA's interest expense for the three months ended in Dec. 2023 was € -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-2.3 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. Aeroporto Guglielmo Marconi di Bologna SpA's Operating Income for the three months ended in Dec. 2023 was € 3.1 Mil. Aeroporto Guglielmo Marconi di Bologna SpA's Interest Expense for the three months ended in Dec. 2023 was € -0.6 Mil. Aeroporto Guglielmo Marconi di Bologna SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 5.22. 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.

Aeroporto Guglielmo Marconi di Bologna SpA Interest Expense Historical Data

The historical data trend for Aeroporto Guglielmo Marconi di Bologna 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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Aeroporto Guglielmo Marconi di Bologna SpA Interest Expense Chart

Aeroporto Guglielmo Marconi di Bologna SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.12

-0.79

-0.95

-2.53

Aeroporto Guglielmo Marconi di Bologna SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.65	-0.61	-0.67	-0.60	-0.43

Aeroporto Guglielmo Marconi di Bologna 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 €-2.3 Mil.

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) 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.

Aeroporto Guglielmo Marconi di Bologna SpA's Interest Expense for the three months ended in Dec. 2023 was €-0.6 Mil. Its Operating Income for the three months ended in Dec. 2023 was €3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €21.4 Mil.

Aeroporto Guglielmo Marconi di Bologna 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	*	3.138	/	-0.601
	=	5.22

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

Aeroporto Guglielmo Marconi di Bologna SpA (MIL:ADB) Business Description

Industry

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Traded in Other Exchanges

169:Germany

Address

Via Triumvirato 84, Bologna, ITA, 40132

Website

https://www.bologna-airport.it

Aeroporto Guglielmo Marconi di Bologna SpA is engaged in the airport operations. It operates with three business units Aviation, Non-Aviation, and Other. Aviation unit is responsible for providing security services, information to the public and airport users, development of the airport infrastructure and service to passengers whereas Non-Aviation unit is concern about parking management, retail sub-concessions, advertising, passenger services and real estate management areas. The group generates revenue through Carriers, Airport Operators, Traffic incentives and Construction Services.

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