Redelfi SpA (MIL:RDF) Interest Expense : €-0.27 Mil (TTM As of Dec. 2023)

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What is Redelfi SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Redelfi SpA's interest expense for the six months ended in Dec. 2023 was € -0.16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.27 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. Redelfi SpA's Operating Income for the six months ended in Dec. 2023 was € 3.03 Mil. Redelfi SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.16 Mil. Redelfi SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 18.49. 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.

Redelfi SpA Interest Expense Historical Data

The historical data trend for Redelfi 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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Redelfi SpA Interest Expense Chart

Redelfi SpA Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.35

-0.77

-0.27

Redelfi SpA Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.18	-0.59	-0.18	-0.11	-0.16

Redelfi 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 €-0.27 Mil.

Redelfi SpA (MIL:RDF) 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.

Redelfi SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.16 Mil. Its Operating Income for the six months ended in Dec. 2023 was €3.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €6.21 Mil.

Redelfi 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	*	3.033	/	-0.164
	=	18.49

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

Redelfi SpA (MIL:RDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Redelfi SpA (MIL:RDF) » Definitions » Interest Expense

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Traded in Other Exchanges

B0Z:Germany

Address

Via Angelo Scarsellini, 119, Torre B I Gemelli 11 piano, Genova, ITA, 16149

Website

https://www.redelfi.com

Redelfi SpA operates as an industrial ESG management company. The Company focuses on digital and green transition by making innovation and investments. Its business units are Green, MarTech, and GreenTech areas.

Redelfi SpA (MIL:RDF) Headlines

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