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Trump Media & Technology Group (Trump Media & Technology Group) Interest Expense : $ Mil (TTM As of Dec. 2023)


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What is Trump Media & Technology Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trump Media & Technology Group's interest expense for the six months ended in Dec. 2023 was $ -39.43 Mil. Trump Media & Technology Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Trump Media & Technology Group's Operating Income for the six months ended in Dec. 2023 was $ -15.97 Mil. Trump Media & Technology Group's Interest Expense for the six months ended in Dec. 2023 was $ -39.43 Mil. Trump Media & Technology Group did not have earnings to cover the interest expense. 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.


Trump Media & Technology Group Interest Expense Historical Data

The historical data trend for Trump Media & Technology Group'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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Trump Media & Technology Group Interest Expense Chart

Trump Media & Technology Group Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.65 -2.04 -39.43

Trump Media & Technology Group Semi-Annual Data
Dec21 Dec22 Dec23
Interest Expense -0.65 -2.04 -39.43

Trump Media & Technology Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Trump Media & Technology Group  (NAS:DJT) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Trump Media & Technology Group's Interest Expense for the six months ended in Dec. 2023 was $-39.43 Mil. Its Operating Income for the six months ended in Dec. 2023 was $-15.97 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $3.13 Mil.

Trump Media & Technology Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Trump Media & Technology Group did not have earnings to cover the interest expense.

* 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.

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


Trump Media & Technology Group (Trump Media & Technology Group) Business Description

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Traded in Other Exchanges
Address
401 N. Cattlemen Road, Suite 200, Sarasota, FL, USA, 34232
Website
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.

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