Cofle SpA (MIL:CFL) Interest Expense : €-8.16 Mil (TTM As of Dec. 2023)

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What is Cofle SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cofle SpA's interest expense for the six months ended in Dec. 2023 was € -5.53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-8.16 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. Cofle SpA's Operating Income for the six months ended in Dec. 2023 was € 3.97 Mil. Cofle SpA's Interest Expense for the six months ended in Dec. 2023 was € -5.53 Mil. Cofle SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 0.72. 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.

Cofle SpA Interest Expense Historical Data

The historical data trend for Cofle 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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Cofle SpA Interest Expense Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.92

-0.43

-0.58

-5.21

-8.16

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.34	-0.45	-4.76	-2.63	-5.53

Cofle 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 €-8.16 Mil.

Cofle SpA (MIL:CFL) 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.

Cofle SpA's Interest Expense for the six months ended in Dec. 2023 was €-5.53 Mil. Its Operating Income for the six months ended in Dec. 2023 was €3.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €9.16 Mil.

Cofle 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	*	3.969	/	-5.532
	=	0.72

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

Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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