BMTM (Bright Mountain Media) Interest Expense : $-12.65 Mil (TTM As of Dec. 2024)

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What is Bright Mountain Media Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bright Mountain Media's interest expense for the three months ended in Dec. 2024 was $ -3.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-12.65 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. Bright Mountain Media's Operating Income for the three months ended in Dec. 2024 was $ -0.90 Mil. Bright Mountain Media's Interest Expense for the three months ended in Dec. 2024 was $ -3.02 Mil. Bright Mountain Media 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.

Bright Mountain Media Interest Expense Historical Data

The historical data trend for Bright Mountain Media'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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Bright Mountain Media Interest Expense Chart

Bright Mountain Media Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.64

-2.27

-4.26

-9.19

-12.65

Bright Mountain Media Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-2.98	-3.00	-3.37	-3.26	-3.02

Bright Mountain Media 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 $-12.65 Mil.

Bright Mountain Media (OTCPK:BMTM) 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.

Bright Mountain Media's Interest Expense for the three months ended in Dec. 2024 was $-3.02 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $71.25 Mil.

Bright Mountain Media's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Bright Mountain Media did not have earnings to cover the interest expense.

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

Bright Mountain Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Bright Mountain Media Inc (OTCPK:BMTM) » Definitions » Interest Expense

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Address

6400 Congress Avenue, Suite 2050, Boca Raton, FL, USA, 33487

Website

https://www.brightmountainmedia.com

Bright Mountain Media Inc is a holding company that focuses on digital publishing and advertising technology. The Company is engaged in content creation and advertising technology development that helps customers connect with, and market to, targeted audiences in high-quality environments using a variety of digital ad formats. It generates revenue through sales of advertising services which generate revenue from advertisements placed on the Company's owned and managed sites, as well as from advertisements placed on partner websites, for which the company earns a share of the revenue.

Executives

Ethan Rudin	officer: Chief Financial Officer	1095 BROKEN SOUND PARKWAY, SUITE 300, BOCA RATON FL 33487
Pamela J. Parizek	director	C/O BRIGHT MOUNTAIN MEDIA, INC., 6400 CONGRESS AVENUE, SUITE 6400, BOCA RATON FL 33487
W Kip Speyer	director, 10 percent owner, officer: CEO, PRESIDENT, CHAIRMAN	10361 PARKSTONE WAY, BOCA RATON FL 33498
Charles Pearlman	director	1 EAST BROWARD BLVD., FORT LAUDERDALE FL 33301
Dennis W Healey	director, officer: CFO, Secretary	14044 ICOT BOULEVARD, CLEARWATER FL 33760
Randolph A Pohlman	director	102 S WYNSTONE PARK DR, N BARRINGTON IL 60010
Charles Howard Lichtman	director	1098 MARBLE WAY, BOCA RATON FL 33432
Richard M. Rogers	director	3707 AMELIA ISLAND LANE, DAVIE FL 33328
Jonathan Thielmann	director	126 E. LEE RD., DELRAY BEACH FL 33445
Annette Casacci	officer: Chief Financial Officer	3774 PEBBLEBROOK MANOR, COCONUT CREEK FL 33073
Todd Speyer	director, officer: Dir. Bus. Dvlpmt/Website Mgr.	9060 CHRYSANTHEMUM DRIVE, BOYNTON BEACH FL 33437
Todd F. Davenport	director	48 SALEM ST., SALEM MA 01810
Andrew Handwerker	10 percent owner	4399 PINE TREE DRIVE, BOYNTON BEACH FL 33436