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Ten Square Games (WAR:TEN) Interest Expense : zł-5.5 Mil (TTM As of Mar. 2024)


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What is Ten Square Games Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ten Square Games's interest expense for the three months ended in Mar. 2024 was zł -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-5.5 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. Ten Square Games's Operating Income for the three months ended in Mar. 2024 was zł 19.1 Mil. Ten Square Games's Interest Expense for the three months ended in Mar. 2024 was zł -0.7 Mil. Ten Square Games's Interest Coverage for the quarter that ended in Mar. 2024 was 26.32. 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.


Ten Square Games Interest Expense Historical Data

The historical data trend for Ten Square Games'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.

Ten Square Games Interest Expense Chart

Ten Square Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - -0.23 -2.65 -6.32 -6.17

Ten Square Games 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 -1.35 -1.62 -1.56 -1.59 -0.73

Ten Square Games 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 zł-5.5 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.


Ten Square Games  (WAR:TEN) 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.

Ten Square Games's Interest Expense for the three months ended in Mar. 2024 was zł-0.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł19.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł7.4 Mil.

Ten Square Games'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*19.11/-0.726
=26.32

* 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.


Ten Square Games (WAR:TEN) Business Description

Traded in Other Exchanges
Address
ul. Dlugosza 60, Wroclaw, POL, 51-162
Ten Square Games SA is a mobile game development company in Poland. Some of the games developed by the company are Lets Fish, Wild Hunt, Magic heroes, and Lets farm.

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