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Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Interest Expense : $-1.8 Mil (TTM As of Sep. 2023)


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What is Enthusiast Gaming Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enthusiast Gaming Holdings's interest expense for the three months ended in Sep. 2023 was $ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.8 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. Enthusiast Gaming Holdings's Operating Income for the three months ended in Sep. 2023 was $ -6.2 Mil. Enthusiast Gaming Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -0.5 Mil. Enthusiast Gaming Holdings 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.


Enthusiast Gaming Holdings Interest Expense Historical Data

The historical data trend for Enthusiast Gaming Holdings'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.

Enthusiast Gaming Holdings Interest Expense Chart

Enthusiast Gaming Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
- -2.15 -4.09 -2.22 -2.67

Enthusiast Gaming Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.31 -0.48 -0.45 -0.46 -0.46

Enthusiast Gaming Holdings 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 $-1.8 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.


Enthusiast Gaming Holdings  (OTCPK:EGLXF) 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.

Enthusiast Gaming Holdings's Interest Expense for the three months ended in Sep. 2023 was $-0.5 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-6.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $8.4 Mil.

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

Enthusiast Gaming Holdings 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.


Enthusiast Gaming Holdings (Enthusiast Gaming Holdings) Business Description

Traded in Other Exchanges
Address
90 Eglinton Avenue East, Suite 805, Toronto, ON, CAN, M4P 2Y3
Enthusiast Gaming Holdings Inc is a gaming company building a media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S. and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides an engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience. It has one segment which is digital media and entertainment. It generates a majority of its revenue from Media and content.