Corsair Gaming (LTS:0A95) Interest Expense : $-17 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Corsair Gaming Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Corsair Gaming's interest expense for the three months ended in Mar. 2024 was $ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-17 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. Corsair Gaming's Operating Income for the three months ended in Mar. 2024 was $ -10 Mil. Corsair Gaming's Interest Expense for the three months ended in Mar. 2024 was $ -4 Mil. Corsair Gaming 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.

Corsair Gaming Interest Expense Historical Data

The historical data trend for Corsair Gaming'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.

Corsair Gaming Interest Expense Chart

Corsair Gaming Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-35.55

-31.02

-12.77

-9.56

-17.42

Corsair Gaming 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															-4.30	-4.50	-4.27	-4.35	-3.69

Corsair Gaming 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 $-17 Mil.

Corsair Gaming (LTS:0A95) 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.

Corsair Gaming's Interest Expense for the three months ended in Mar. 2024 was $-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $209 Mil.

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

Corsair Gaming did not have earnings to cover the interest expense.

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

Corsair Gaming (LTS:0A95) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Corsair Gaming Inc (LTS:0A95) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

CRSR:USA CRSR:Mexico 6C2:Germany

Address

115 N. McCarthy Boulevard, Milpitas, CA, USA, 95035

Website

https://www.corsair.com

Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mousepads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals, which is the key revenue-generating segment; and Gaming Components and systems. Geographically, the group derives revenue from the Americas, Europe and the Middle East, and the Asia Pacific.

Corsair Gaming (LTS:0A95) Headlines

No Headlines