EBET (EBET) Interest Expense : $-14.69 Mil (TTM As of Mar. 2024)

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What is EBET Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EBET's interest expense for the three months ended in Mar. 2024 was $ -1.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-14.69 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. EBET's Operating Income for the three months ended in Mar. 2024 was $ -1.93 Mil. EBET's Interest Expense for the three months ended in Mar. 2024 was $ -1.71 Mil. EBET 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.

EBET Interest Expense Historical Data

The historical data trend for EBET'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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EBET Interest Expense Chart

EBET Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Interest Expense

-0.15

-1.70

-9.90

-17.11

EBET Quarterly Data
	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														-2.69	-9.82	-1.57	-1.59	-1.71

EBET 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 $-14.69 Mil.

EBET (OTCPK:EBET) 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.

EBET's Interest Expense for the three months ended in Mar. 2024 was $-1.71 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.93 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.59 Mil.

EBET's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

EBET did not have earnings to cover the interest expense.

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

EBET (EBET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » EBET Inc (OTCPK:EBET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169

Website

https://www.ebet.gg

EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real-money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. The company's Brands Includes; Gogawi, Karamba, Griffon Casino, Generation VIP, and Others.

Executives

Aaron Speach	director, officer: Chief Executive Officer	C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Cp Bf Lending, Llc	10 percent owner	1910 FAIRVIEW AVE E, SUITE 300, SEATTLE WA 98102
Matthew Lourie	officer: Chief Financial Officer	C/O EBET, INC., 197 E. CALIFORNIA AVE STE 302, LAS VEGAS NV 89104
Ebjt Management Llc	10 percent owner	5874 LUSTROUS COURT, LAS VEGAS NV 89148
Christopher Downs	director	31700 RESEARCH PARK DRIVE, MADISON HEIGHTS MI 48071
Michael Nicklas	director	C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Dennis Neilander	director	C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
James Joseph Purcell	officer: Chief Financial Officer	C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101
Bart Barden	officer: Chief Operating Officer	C/O ESPORTS TECHNOLOGIES, INC., 720 SOUTH 7TH STREET, 3RD FLOOR, LAS VEGAS NV 89101