Saccheria Flli Franceschetti SpA (MIL:SAC) Interest Expense : €-0.31 Mil (TTM As of Dec. 2023)

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What is Saccheria Flli Franceschetti SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Saccheria Flli Franceschetti SpA's interest expense for the six months ended in Dec. 2023 was € -0.21 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-0.31 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. Saccheria Flli Franceschetti SpA's Operating Income for the six months ended in Dec. 2023 was € 0.82 Mil. Saccheria Flli Franceschetti SpA's Interest Expense for the six months ended in Dec. 2023 was € -0.21 Mil. Saccheria Flli Franceschetti SpA's Interest Coverage for the quarter that ended in Dec. 2023 was 3.98. 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.

Saccheria Flli Franceschetti SpA Interest Expense Historical Data

The historical data trend for Saccheria Flli Franceschetti 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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Saccheria Flli Franceschetti SpA Interest Expense Chart

Saccheria Flli Franceschetti SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.03

-0.07

-0.14

-0.31

Saccheria Flli Franceschetti SpA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial			-0.05	-0.06	-0.08	-0.10	-0.21

Saccheria Flli Franceschetti 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 €-0.31 Mil.

Saccheria Flli Franceschetti SpA (MIL:SAC) 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.

Saccheria Flli Franceschetti SpA's Interest Expense for the six months ended in Dec. 2023 was €-0.21 Mil. Its Operating Income for the six months ended in Dec. 2023 was €0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was €4.27 Mil.

Saccheria Flli Franceschetti 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	*	0.82	/	-0.206
	=	3.98

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

Saccheria Flli Franceschetti SpA (MIL:SAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Saccheria Flli Franceschetti SpA (MIL:SAC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Stazione Vecchia, 80, Provaglio d'Iseo, Brescia, ITA, 25050

Website

https://www.saccheriafranceschetti.com

Saccheria Flli Franceschetti SpA operates in the Packaging and Containers industry. It designs, manufactures, and markets sacks and big bags and packing cloths big bags, small bags, box bags, fertilizer bags, couriers, and fabrics, intended for collection.

Saccheria Flli Franceschetti SpA (MIL:SAC) Headlines

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