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Boombit (FRA:57QA) Interest Expense : €-0.06 Mil (TTM As of Mar. 2024)


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What is Boombit Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Boombit's interest expense for the three months ended in Mar. 2024 was € -0.04 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-0.06 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. Boombit's Operating Income for the three months ended in Mar. 2024 was € 0.68 Mil. Boombit's Interest Expense for the three months ended in Mar. 2024 was € -0.04 Mil. Boombit's Interest Coverage for the quarter that ended in Mar. 2024 was 15.43. 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.


Boombit Interest Expense Historical Data

The historical data trend for Boombit'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.

Boombit Interest Expense Chart

Boombit Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial -0.02 -0.06 -0.01 -0.04 -0.01

Boombit Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 0.50 -0.01 -0.01 -0.01 -0.04

Boombit 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.06 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.


Boombit  (FRA:57QA) 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.

Boombit's Interest Expense for the three months ended in Mar. 2024 was €-0.04 Mil. Its Operating Income for the three months ended in Mar. 2024 was €0.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.03 Mil.

Boombit's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.679/-0.044
=15.43

* 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.


Boombit (FRA:57QA) Business Description

Traded in Other Exchanges
Address
Zacna 2, Gdansk, POL, 80-283
Boombit SA is a Poland based mobile game publisher focused on game production and game publishing. The games offered by the company include Idle Coffee Corp, Tiny Gladiators 2, Tanks A Lot, Darts Club and Build a Bridge among others. The company has geographical presence in the United States, China, United Kingdom, Slovakia, and Poland.

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