Ermenegildo Zegna NV (Ermenegildo Zegna NV) Interest Expense : $-33 Mil (TTM As of Dec. 2023)

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What is Ermenegildo Zegna NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ermenegildo Zegna NV's interest expense for the six months ended in Dec. 2023 was $ -19 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-33 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. Ermenegildo Zegna NV's Operating Income for the six months ended in Dec. 2023 was $ 100 Mil. Ermenegildo Zegna NV's Interest Expense for the six months ended in Dec. 2023 was $ -19 Mil. Ermenegildo Zegna NV's Interest Coverage for the quarter that ended in Dec. 2023 was 5.23. 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.

Ermenegildo Zegna NV Interest Expense Historical Data

The historical data trend for Ermenegildo Zegna NV'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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Ermenegildo Zegna NV Interest Expense Chart

Ermenegildo Zegna NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-20.84

-19.93

-15.71

-16.97

-33.47

Ermenegildo Zegna NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial					-7.78	-6.24	-10.72	-14.26	-19.12

Ermenegildo Zegna NV 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 $-33 Mil.

Ermenegildo Zegna NV (NYSE:ZGN) 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.

Ermenegildo Zegna NV's Interest Expense for the six months ended in Dec. 2023 was $-19 Mil. Its Operating Income for the six months ended in Dec. 2023 was $100 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $637 Mil.

Ermenegildo Zegna NV'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	*	99.933	/	-19.118
	=	5.23

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

Ermenegildo Zegna NV (Ermenegildo Zegna NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ermenegildo Zegna NV (NYSE:ZGN) » Definitions » Interest Expense

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Traded in Other Exchanges

JN0:Germany

Address

99/100 Viale Roma, Valdilana location, Trivero, ITA, 13835

Website

https://www.zegnagroup.com

Ermenegildo Zegna NV designs, creates and distributes luxury menswear and accessories under the Zegna brand, as well as womenswear, menswear and accessories under the Thom Browne brand. It operates in two segments: the Zegna segment (comprising three product lines: Zegna Branded Products, Textile and Third Party Brands) and the Thom Browne segment.