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AAPI (Apple iSports Group) Interest Expense : $-0.09 Mil (TTM As of Dec. 2024)


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What is Apple iSports Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Apple iSports Group's interest expense for the three months ended in Dec. 2024 was $ -0.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0.09 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. Apple iSports Group's Operating Income for the three months ended in Dec. 2024 was $ -0.82 Mil. Apple iSports Group's Interest Expense for the three months ended in Dec. 2024 was $ -0.03 Mil. Apple iSports 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.


Apple iSports Group Interest Expense Historical Data

The historical data trend for Apple iSports 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.

Apple iSports Group Interest Expense Chart

Apple iSports Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.06 -0.09

Apple iSports Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.03 -0.02 -0.03 -0.02 -0.03

Apple iSports 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 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.


Apple iSports Group  (OTCPK:AAPI) 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.

Apple iSports Group's Interest Expense for the three months ended in Dec. 2024 was $-0.03 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $0.00 Mil.

Apple iSports Group's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Apple iSports 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.


Apple iSports Group Business Description

Traded in Other Exchanges
N/A
Address
100 Spectrum Center Drive, Suite 900, Irvine, CA, USA, 92612
Apple iSports Group Inc is a digital sports entertainment and gaming company that provides users with sports betting and sports streaming solutions, bringing the digital entertainment experience to the hands of sports and racing fans. It is engaged in the development of an online sports engagement portal that will include, racing and sports betting, fantasy sports and sports content. The company has two markets Australia and USA.
Executives
Antonio Lococo director, 10 percent owner, officer: CEO/CFO 113 ESPLANADE, ALTONA C3 3018
Copper Hill Assets, Inc. 10 percent owner GROUND FLOOR COASTAL BUILDING, PO BOX 3169 ROAD TOEN, TORTOLA D8 VG1110
Metroworks Equity Sdn. Bdh. 10 percent owner UNIT 604, UPTOWN 1, NO. 1, JALAN SS21/58, DAMANSARA, PETALING JAYA, SELANGAOR N8 47400
Chee Chau Ng director, officer: Chief Executive Officer LEVEL U1 BLOCK D2, UNIT D2-1-1 TO D2-1-9, SOLARIS DUTAMAS, JALAN DUTAMAS 1, KUALA LUMPUR N8 50480
Chee Chow Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Ee Meng Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Wooi Huat Teow 10 percent owner K1-G08 KENARI COURT, JALAN PANDAN INDAH 6/1, PANDAH INDAH, KUALA LUMPUR N8 55100
Alan P Donenfeld director, 10 percent owner, officer: President and Secretary C/O PARAGON CAPITAL LP, 110 EAST 59TH STREET, 29TH FL, NEW YORK NY 10022
Paragon Capital Lp 10 percent owner 110 EAST 59TH ST 22ND FL, NEW YORK NY 10022