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Champion Gaming Group (Champion Gaming Group) Interest Expense : $-0.39 Mil (TTM As of Sep. 2023)


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What is Champion Gaming Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Champion Gaming Group's interest expense for the three months ended in Sep. 2023 was $ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.39 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. Champion Gaming Group's Operating Income for the three months ended in Sep. 2023 was $ -0.21 Mil. Champion Gaming Group's Interest Expense for the three months ended in Sep. 2023 was $ -0.12 Mil. Champion Gaming 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.


Champion Gaming Group Interest Expense Historical Data

The historical data trend for Champion Gaming 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.

* Premium members only.

Champion Gaming Group Interest Expense Chart

Champion Gaming Group Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
- -0.23 -0.16

Champion Gaming Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.07 -0.09 -0.11 -0.12

Champion Gaming Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.39 Mil.

* 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.


Champion Gaming Group  (OTCPK:WGRFF) 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.

Champion Gaming Group's Interest Expense for the three months ended in Sep. 2023 was $-0.12 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $0.20 Mil.

Champion Gaming Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Champion Gaming 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.


Champion Gaming Group (Champion Gaming Group) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Champion Gaming Group Inc is a sports intelligence destination for teams, media, bettors, players, and fans. Its sports betting companies fulfil its core segments: proprietary data, advanced analytics, and expert content. The company's products are built with one simple mission - to give its customers the winning edge.

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