Alta Global Group (Alta Global Group) Interest Expense : $ Mil (TTM As of Jun. 2023)

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What is Alta Global Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alta Global Group's interest expense for the six months ended in Jun. 2023 was $ -2.99 Mil. Alta Global Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Alta Global Group's Operating Income for the six months ended in Jun. 2023 was $ -4.86 Mil. Alta Global Group's Interest Expense for the six months ended in Jun. 2023 was $ -2.99 Mil. Alta Global 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.

Alta Global Group Interest Expense Historical Data

The historical data trend for Alta Global 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.

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Alta Global Group Interest Expense Chart

Alta Global Group Annual Data

Trend

Jun22

Jun23

Interest Expense

-1.54

-2.99

Alta Global Group Semi-Annual Data
	Jun22	Jun23
Interest Expense	-1.54	-2.99

Alta Global Group Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Alta Global Group (AMEX:MMA) 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.

Alta Global Group's Interest Expense for the six months ended in Jun. 2023 was $-2.99 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-4.86 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.27 Mil.

Alta Global Group's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Alta Global Group did not have earnings to cover the interest expense.

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

Alta Global Group (Alta Global Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Alta Global Group Ltd (AMEX:MMA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095

Website

https://www.trainalta.com

Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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