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Guild Esports (LSE:GILD) Interest Expense : £-0.24 Mil (TTM As of Sep. 2023)


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What is Guild Esports Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guild Esports's interest expense for the six months ended in Sep. 2023 was £ -0.12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was £-0.24 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. Guild Esports's Operating Income for the six months ended in Sep. 2023 was £ -2.09 Mil. Guild Esports's Interest Expense for the six months ended in Sep. 2023 was £ -0.12 Mil. Guild Esports 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.


Guild Esports Interest Expense Historical Data

The historical data trend for Guild Esports'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.

Guild Esports Interest Expense Chart

Guild Esports Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Interest Expense
- - -0.17 -0.24

Guild Esports Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Interest Expense Get a 7-Day Free Trial - -0.02 -0.16 -0.12 -0.12

Guild Esports 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 semi-annually data reported by the company within the most recent 12 months, which was £-0.24 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.


Guild Esports  (LSE:GILD) 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.

Guild Esports's Interest Expense for the six months ended in Sep. 2023 was £-0.12 Mil. Its Operating Income for the six months ended in Sep. 2023 was £-2.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was £2.78 Mil.

Guild Esports's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Guild Esports did not have earnings to cover the interest expense.

* 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.


Guild Esports (LSE:GILD) Business Description

Traded in Other Exchanges
Address
2 Chance Street, London, GBR, E1 6JT
Guild Esports PLC operates an esports business. The company focuses on creating a franchise by establishing its esports teams to compete in main esports tournaments and a player training and scouting infrastructure modelled on the talent academies pioneered by Premier League football teams. Revenue is generated through multi-year sponsorship deals with corporate and consumer brands.