Mit Sim SpA (MIL:MTS) Interest Expense : €-0.01 Mil (TTM As of Jun. 2024)

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What is Mit Sim SpA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mit Sim SpA's interest expense for the six months ended in Jun. 2024 was € -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.01 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. Mit Sim SpA's Operating Income for the six months ended in Jun. 2024 was € 0.33 Mil. Mit Sim SpA's Interest Expense for the six months ended in Jun. 2024 was € -0.01 Mil. Mit Sim SpA's Interest Coverage for the quarter that ended in Jun. 2024 was 55.33. 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.

Mit Sim SpA Interest Expense Historical Data

The historical data trend for Mit Sim 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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Mit Sim SpA Interest Expense Chart

Mit Sim SpA Annual Data

Trend

Mar19

Mar20

Dec21

Dec22

Dec23

Interest Expense

-0.01

Mit Sim SpA Semi-Annual Data
	Mar19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial				-	-0.01	-	-0.01	-0.01

Mit Sim 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Mit Sim SpA (MIL:MTS) 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.

Mit Sim SpA's Interest Expense for the six months ended in Jun. 2024 was €-0.01 Mil. Its Operating Income for the six months ended in Jun. 2024 was €0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was €0.67 Mil.

Mit Sim SpA's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	0.332	/	-0.006
	=	55.33

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

Mit Sim SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mit Sim SpA (MIL:MTS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corso Venezia 16, Serbelloni Palace, Milan, ITA, 20121

Website

https://www.mitsim.it

Mit Sim SpA is involved in Specialist activities, Order Reception and Transmission Activities, Placement Activities, and Euronext Growth Advisor Activities.

Mit Sim SpA Headlines

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