Health Italia SpA (MIL:HI) Interest Expense : €-0.74 Mil (TTM As of Dec. 2023)

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What is Health Italia SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Health Italia SpA's interest expense for the six months ended in Dec. 2023 was € -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.74 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. Health Italia SpA's Operating Income for the six months ended in Dec. 2023 was € 3.36 Mil. Health Italia SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.36 Mil. Health Italia SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 9.29. 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.

Health Italia SpA Interest Expense Historical Data

The historical data trend for Health Italia 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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Health Italia SpA Interest Expense Chart

Health Italia SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.60

-0.63

-0.74

-0.70

-0.74

Health Italia SpA Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial												-0.43	-0.36	-0.34	-0.37	-0.36

Health Italia 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 €-0.74 Mil.

Health Italia SpA (MIL:HI) 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.

Health Italia SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.36 Mil. Its Operating Income for the six months ended in Dec. 2023 was €3.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €8.10 Mil.

Health Italia 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	*	3.362	/	-0.362
	=	9.29

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

Health Italia SpA (MIL:HI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Health Italia SpA (MIL:HI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

6I5:Germany

Address

Via di Santa Cornelia, 9, Formello, ITA, 00060

Website

http://www.healthitalia.it

Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.