Kings Entertainment Group (XCNQ:JKPT) Interest Expense : C$-0.21 Mil (TTM As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Kings Entertainment Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kings Entertainment Group's interest expense for the three months ended in Sep. 2023 was C$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.21 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. Kings Entertainment Group's Operating Income for the three months ended in Sep. 2023 was C$ -0.64 Mil. Kings Entertainment Group's Interest Expense for the three months ended in Sep. 2023 was C$ -0.07 Mil. Kings Entertainment 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.

Kings Entertainment Group Interest Expense Historical Data

The historical data trend for Kings Entertainment 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.

* Premium members only.

Kings Entertainment Group Interest Expense Chart

Kings Entertainment Group Annual Data

Trend

Dec20

Dec21

Dec22

Interest Expense

-0.08

-0.11

-0.22

Kings Entertainment Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial							-0.07	-0.04	-0.06	-0.04	-0.07

Kings Entertainment 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.21 Mil.

Kings Entertainment Group (XCNQ:JKPT) 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.

Kings Entertainment Group's Interest Expense for the three months ended in Sep. 2023 was C$-0.07 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-0.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was C$0.00 Mil.

Kings Entertainment Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Kings Entertainment Group did not have earnings to cover the interest expense.

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

Kings Entertainment Group (XCNQ:JKPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kings Entertainment Group Inc (XCNQ:JKPT) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

KENGF:USA L12:Germany

Address

505 Burrard Street, Suite 1570, Vancouver, BC, CAN

Website

Kings Entertainment Group Inc is the parent company of global lottery brand LottoKings group. As international online service providers for the lottery, casino, and sportsbook gambling, these brands leverage their ability to acquire pre-qualified players through renowned lottery offerings, then engage in a range of casino and sportsbook offerings.

Kings Entertainment Group (XCNQ:JKPT) Headlines

No Headlines