Team Internet Group (Team Internet Group) Interest Expense : $-15.1 Mil (TTM As of Dec. 2023)

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What is Team Internet Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Team Internet Group's interest expense for the three months ended in Dec. 2023 was $ -4.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-15.1 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. Team Internet Group's Operating Income for the three months ended in Dec. 2023 was $ 12.5 Mil. Team Internet Group's Interest Expense for the three months ended in Dec. 2023 was $ -4.0 Mil. Team Internet Group's Interest Coverage for the quarter that ended in Dec. 2023 was 3.13. 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.

Team Internet Group Interest Expense Historical Data

The historical data trend for Team Internet 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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Team Internet Group Interest Expense Chart

Team Internet Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.34

-7.94

-9.38

-11.40

-15.10

Team Internet Group Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-3.50	-3.60	-3.50	-4.00	-4.00

Team Internet Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.1 Mil.

Team Internet Group (OTCPK:TIGXF) 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.

Team Internet Group's Interest Expense for the three months ended in Dec. 2023 was $-4.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $150.9 Mil.

Team Internet Group's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	12.5	/	-4
	=	3.13

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

Team Internet Group (Team Internet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team Internet Group PLC (OTCPK:TIGXF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

TIG:UK 4CN:Germany 4CN:Germany

Address

44 Gutter Lane, 4th Floor, Saddlers House, London, GBR, EC2V 6BR

Website

https://teaminternet.com

Team Internet Group PLC Formerly CentralNic Group PLC is a holding company, through its subsidiaries is involved in the provision of domain name services. The company provides registry services, distribution, and strategic consultancy. The business operates in two segments being Online Presence segment and Online Marketing. The Online Marketing segment creates privacy safe AI based customer journeys that help online consumers make informed choices. The Online Presence segment conducts business as a distributor of domain names through a network of channel partners as well as selling domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy services to corporate clients.