Great Canadian Gaming (Great Canadian Gaming) Interest Expense : $-84.3 Mil (TTM As of Jun. 2021)

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What is Great Canadian Gaming Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great Canadian Gaming's interest expense for the three months ended in Jun. 2021 was $ -20.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-84.3 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. Great Canadian Gaming's Operating Income for the three months ended in Jun. 2021 was $ -5.8 Mil. Great Canadian Gaming's Interest Expense for the three months ended in Jun. 2021 was $ -20.6 Mil. Great Canadian Gaming 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.

Great Canadian Gaming Interest Expense Historical Data

The historical data trend for Great Canadian Gaming'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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Great Canadian Gaming Interest Expense Chart

Great Canadian Gaming Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-26.84

-28.35

-49.64

-71.00

-82.99

Great Canadian Gaming Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Interest Expense	Get a 7-Day Free Trial															-19.41	-18.37	-25.37	-19.89	-20.62

Great Canadian Gaming 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84.3 Mil.

Great Canadian Gaming (OTCPK:GCGMF) 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.

Great Canadian Gaming's Interest Expense for the three months ended in Jun. 2021 was $-20.6 Mil. Its Operating Income for the three months ended in Jun. 2021 was $-5.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $1,884.9 Mil.

Great Canadian Gaming's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Great Canadian Gaming did not have earnings to cover the interest expense.

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

Great Canadian Gaming (Great Canadian Gaming) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Great Canadian Gaming Corp (OTCPK:GCGMF) » Definitions » Interest Expense

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Address

39 Wynford Drive, North York, ON, CAN, M3C 3K5

Website

https://www.gcgaming.com

Great Canadian Gaming Corp is a gambling, entertainment, and hospitality company that operates throughout Canada. The company's operations are divided into three segments based on geography: Ontario, British Columbia, and Atlantic. The company generates over half of its revenue from the Ontario region. Great Canadian Gaming Corp offerings include casinos with slot machines, table games, and food and beverage; outdoor horse racing tracks; and hotels, community gaming spots, and related hospitality facilities.

Great Canadian Gaming (Great Canadian Gaming) Headlines

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Breach Inlet Capital Sends Public Letter to Board of Great Canadian Gaming

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