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Everi Holdings (Everi Holdings) Interest Expense : $-78.5 Mil (TTM As of Mar. 2024)


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What is Everi Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Everi Holdings's interest expense for the three months ended in Mar. 2024 was $ -18.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-78.5 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. Everi Holdings's Operating Income for the three months ended in Mar. 2024 was $ 24.8 Mil. Everi Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -18.8 Mil. Everi Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 1.32. 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.


Everi Holdings Interest Expense Historical Data

The historical data trend for Everi Holdings'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.

Everi Holdings Interest Expense Chart

Everi Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -77.84 -74.56 -62.10 -55.75 -77.69

Everi Holdings 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 -17.97 -20.14 -19.93 -19.66 -18.80

Everi Holdings 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 $-78.5 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.


Everi Holdings  (NYSE:EVRI) 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.

Everi Holdings's Interest Expense for the three months ended in Mar. 2024 was $-18.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was $24.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $967.6 Mil.

Everi Holdings'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*24.752/-18.8
=1.32

* 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.


Everi Holdings (Everi Holdings) Business Description

Traded in Other Exchanges
Address
7250 South Tenaya Way, Suite 100, Las Vegas, NV, USA, 89113
Everi Holdings Inc provides entertainment and technology solutions for the casino, interactive, and gaming industry. It operates in two segments namely Games and Financial Technology Solutions (FinTech). Enveri Games provides gaming operators with gaming technology products and services which include gaming machines, slot machines, leased gaming equipment, and other products and services. Enveri FinTech provides gaming operators with financial technology products and services which include services and equipment that facilitate casino patron's to access cash at gaming facilities through automated teller machines, point-of-sale debit card purchases and others.
Executives
Randy L Taylor officer: EVP & CFO C/O CITADEL BROADCASTING CORP, CITY CENTER W 7201 W LAKE MEAD BLVD, LAS VEGAS NV 89128
Michael D Rumbolz director 3201 WEST COUNTY ROAD 42, SUITE 106, BURNSVILLE MN 55306
Secil Tabli Watson director 504 REDWOOD BLVD., STE. 100, NOVATO CA 94947
Geoffrey P Judge director 3525 EAST POST ROAD, SUITE 200, LAS VEGAS NV 89120
Debra Nutton director 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Todd Valli officer: SVP, CAO 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
David Lucchese officer: EVP 7250 S. TENAYA WAY #100, LAS VEGAS NV 89113
Paul Jr Finch director 2525 HORIZON LAKE DR STE 120, MEMPHIS TN 38133
Ronald V Congemi director 3525 EAST POST ROAD, SUITE 120, LAS VEGAS NV 89120
Darren Simmons officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Dean A Ehrlich officer: EVP 7250 S. TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Linster W Fox director ANACOMP, INC.,, 15378 AVENUE OF SCIENCE, SAN DIEGO CA 92128
Eileen F Raney director 7250 S. TENAYA WAY, SUITE 100, LAS VEGAS NV 89113
Mark F. Labay officer: EVP, CFO 7250 S TENAYA WAY SUITE 100, LAS VEGAS NV 89113
Kate C. Lowenhar-fisher officer: EVP, Chief Legal Officer 7250 SOUTH TENAYA WAY, SUITE 100, LAS VEGAS NV 89113

Everi Holdings (Everi Holdings) Headlines

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