Gtn (ASX:GTN) Interest Expense : A$-1.3 Mil (TTM As of Jun. 2024)

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What is Gtn Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gtn's interest expense for the six months ended in Jun. 2024 was A$ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was A$-1.3 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. Gtn's Operating Income for the six months ended in Jun. 2024 was A$ -1.6 Mil. Gtn's Interest Expense for the six months ended in Jun. 2024 was A$ -0.5 Mil. Gtn 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.

Gtn Interest Expense Historical Data

The historical data trend for Gtn'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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Gtn Interest Expense Chart

Gtn Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-2.72

-1.85

-1.23

-1.63

-1.35

Gtn Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial												-0.43	-0.81	-0.82	-0.88	-0.47

Gtn 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-1.3 Mil.

Gtn (ASX:GTN) 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.

Gtn's Interest Expense for the six months ended in Jun. 2024 was A$-0.5 Mil. Its Operating Income for the six months ended in Jun. 2024 was A$-1.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was A$10.1 Mil.

Gtn's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Gtn did not have earnings to cover the interest expense.

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

Gtn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gtn Ltd (ASX:GTN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

100 Miller Street, Level 42, Northpoint, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.gtnetwork.com.au

Gtn Ltd is a marketing services company. The company operates broadcast media advertising platforms that supply traffic information reports to radio and/or television stations. The company offers advertising spots on television and radio networks, adjacent to information reports that listeners are typically engaged with traffic and news, as this content is of use to the consumer. Its advertising platform enables advertisers to reach audiences in Australia, Canada, the United Kingdom, and Brazil.