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Lions Gate Entertainment (FRA:LGNA) Interest Expense : €-263 Mil (TTM As of Mar. 2024)


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What is Lions Gate Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lions Gate Entertainment's interest expense for the three months ended in Mar. 2024 was € -91 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-263 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. Lions Gate Entertainment's Operating Income for the three months ended in Mar. 2024 was € 67 Mil. Lions Gate Entertainment's Interest Expense for the three months ended in Mar. 2024 was € -91 Mil. Lions Gate Entertainment's Interest Coverage for the quarter that ended in Mar. 2024 was 0.74. 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.

Lions Gate Entertainment Interest Expense Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Interest Expense Chart

Lions Gate Entertainment Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -173.13 -152.46 -159.81 -206.60 -248.22

Lions Gate Entertainment 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 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 -73.13 -57.23 -59.78 -54.65 -90.99

Lions Gate Entertainment 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 €-263 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.

Lions Gate Entertainment  (FRA:LGNA) 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.

Lions Gate Entertainment's Interest Expense for the three months ended in Mar. 2024 was €-91 Mil. Its Operating Income for the three months ended in Mar. 2024 was €67 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €1,991 Mil.

Lions Gate Entertainment'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*67.344/-90.988
=0.74

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lions Gate Entertainment Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Lions Gate Entertainment (FRA:LGNA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (FRA:LGNA) » Definitions » Interest Expense
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Traded in Other Exchanges
LGF.A:USA LGF.B:USA LGNA:Germany
Address
250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8
Website
https://www.lionsgate.com
Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

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