Digital Garage (Digital Garage) Interest Expense : $-1.7 Mil (TTM As of Mar. 2024)

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What is Digital Garage Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital Garage's interest expense for the three months ended in Mar. 2024 was $ -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.7 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. Digital Garage's Operating Income for the three months ended in Mar. 2024 was $ 18.2 Mil. Digital Garage's Interest Expense for the three months ended in Mar. 2024 was $ -0.4 Mil. Digital Garage's Interest Coverage for the quarter that ended in Mar. 2024 was 50.58. 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.

Digital Garage Interest Expense Historical Data

The historical data trend for Digital Garage'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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Digital Garage Interest Expense Chart

Digital Garage Annual Data

Trend

Jun15

Jun16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-3.52

-2.86

-2.94

-64.09

-1.64

Digital Garage Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.35	-0.51	-0.45	-0.37	-0.36

Digital Garage 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.7 Mil.

Digital Garage (OTCPK:DLGEF) 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.

Digital Garage's Interest Expense for the three months ended in Mar. 2024 was $-0.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $18.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $77.6 Mil.

Digital Garage's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	18.209	/	-0.36
	=	50.58

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

Digital Garage (Digital Garage) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Garage Inc (OTCPK:DLGEF) » Definitions » Interest Expense

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4819:Japan

Address

Daikanyama DG Bldg., Tokyo, JPN

Website

http://www.garage.co.jp

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

Digital Garage (Digital Garage) Headlines

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