Cineverse (FRA:IQ50) Interest Expense : €-1.11 Mil (TTM As of Dec. 2023)

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What is Cineverse Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cineverse's interest expense for the three months ended in Dec. 2023 was € -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was €-1.11 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. Cineverse's Operating Income for the three months ended in Dec. 2023 was € 0.39 Mil. Cineverse's Interest Expense for the three months ended in Dec. 2023 was € -0.27 Mil. Cineverse's Interest Coverage for the quarter that ended in Dec. 2023 was 1.47. 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.

Cineverse Interest Expense Historical Data

The historical data trend for Cineverse'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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Cineverse Interest Expense Chart

Cineverse Annual Data

Trend

Mar14

Mar15

Mar16

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Mar23

Interest Expense

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-9.11

-6.57

-3.43

-0.32

-1.21

Cineverse Quarterly Data
	Mar19	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															-0.35	-0.38	-0.27	-0.18	-0.27

Cineverse 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 €-1.11 Mil.

Cineverse (FRA:IQ50) 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.

Cineverse's Interest Expense for the three months ended in Dec. 2023 was €-0.27 Mil. Its Operating Income for the three months ended in Dec. 2023 was €0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was €0.49 Mil.

Cineverse'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	*	0.392	/	-0.267
	=	1.47

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

Cineverse (FRA:IQ50) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineverse Corp (FRA:IQ50) » Definitions » Interest Expense

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CNVS:USA

Address

244 Fifth Avenue, Suite M289, New York, NY, USA, 10001

Website

https://www.cineverse.com

Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.

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