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AFC Gamma (STU:0FG) Interest Expense : €-5.82 Mil (TTM As of Mar. 2024)


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What is AFC Gamma Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AFC Gamma's interest expense for the three months ended in Mar. 2024 was € -1.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-5.82 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. AFC Gamma's Operating Income for the three months ended in Mar. 2024 was € Mil. AFC Gamma's Interest Expense for the three months ended in Mar. 2024 was € Mil. 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.


AFC Gamma Interest Expense Historical Data

The historical data trend for AFC Gamma'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.

AFC Gamma Interest Expense Chart

AFC Gamma Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
- -1.00 -6.43 -5.83

AFC Gamma Quarterly Data
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 -1.56 -1.46 -1.44 -1.45 -1.48

AFC Gamma 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 €-5.82 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.


AFC Gamma (STU:0FG) Business Description

Traded in Other Exchanges
Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.

AFC Gamma (STU:0FG) Headlines

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