Activision Blizzard (XTER:AIY) Interest Expense : €-103 Mil (TTM As of Jun. 2023)

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What is Activision Blizzard Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Activision Blizzard's interest expense for the three months ended in Jun. 2023 was € -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was €-103 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. Activision Blizzard's Operating Income for the three months ended in Jun. 2023 was € 538 Mil. Activision Blizzard's Interest Expense for the three months ended in Jun. 2023 was € -25 Mil. Activision Blizzard's Interest Coverage for the quarter that ended in Jun. 2023 was 21.59. 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.

Activision Blizzard Interest Expense Historical Data

The historical data trend for Activision Blizzard'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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Activision Blizzard Interest Expense Chart

Activision Blizzard Annual Data

Trend

Dec13

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Interest Expense

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-123.06

-81.00

-81.38

-95.58

-101.95

Activision Blizzard Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-25.54	-27.27	-25.49	-25.22	-24.92

Activision Blizzard 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-103 Mil.

Activision Blizzard (XTER:AIY) 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.

Activision Blizzard's Interest Expense for the three months ended in Jun. 2023 was €-25 Mil. Its Operating Income for the three months ended in Jun. 2023 was €538 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was €3,334 Mil.

Activision Blizzard's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	538.109	/	-24.921
	=	21.59

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

Activision Blizzard (XTER:AIY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Activision Blizzard Inc (XTER:AIY) » Definitions » Interest Expense

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Address

2701 Olympic Boulevard, Building B, Santa Monica, CA, USA, 90404

Website

https://www.activisionblizzard.com

Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.

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