GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (TSXV:NTE) » Definitions » Interest Expense

Network Media Group (TSXV:NTE) Interest Expense : C$-0.35 Mil (TTM As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Network Media Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Network Media Group's interest expense for the three months ended in Feb. 2024 was C$ -0.07 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was C$-0.35 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. Network Media Group's Operating Income for the three months ended in Feb. 2024 was C$ -0.49 Mil. Network Media Group's Interest Expense for the three months ended in Feb. 2024 was C$ -0.07 Mil. Network Media Group 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.

Network Media Group Interest Expense Historical Data

The historical data trend for Network Media Group'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.

Network Media Group Interest Expense Chart

Network Media Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.21 -0.15 -0.21 -0.36

Network Media Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.08 -0.05 -0.12 -0.11 -0.07

Network Media Group 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.35 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.

Network Media Group  (TSXV:NTE) 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.

Network Media Group's Interest Expense for the three months ended in Feb. 2024 was C$-0.07 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.49 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was C$0.57 Mil.

Network Media Group's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Network Media Group 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.

Network Media Group (TSXV:NTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (TSXV:NTE) » Definitions » Interest Expense
Comparable Companies
XCNQ:SPOR XCNQ:XONE TSXV:SPRX TSXV:ESE NEOE:AMEN TSXV:OAM NFLX DIS XAMS:UMG WBD LYV WMG SIRI XPAR:BOL FWONA FOXA NWSA XPAR:VIV ROKU PARA
Traded in Other Exchanges
NETWF:USA
Address
1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5
Website
https://www.networkentertainment.ca
Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.
Executives
Curtis White Senior Officer

Network Media Group (TSXV:NTE) Headlines

No Headlines