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SharpLink Gaming (FRA:771) Interest Expense : €-1.06 Mil (TTM As of Mar. 2024)


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What is SharpLink Gaming Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SharpLink Gaming's interest expense for the three months ended in Mar. 2024 was € -0.30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-1.06 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. SharpLink Gaming's Operating Income for the three months ended in Mar. 2024 was € -1.55 Mil. SharpLink Gaming's Interest Expense for the three months ended in Mar. 2024 was € -0.30 Mil. SharpLink Gaming 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.


SharpLink Gaming Interest Expense Historical Data

The historical data trend for SharpLink Gaming'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.

SharpLink Gaming Interest Expense Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.02 - - -0.10 -1.06

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.21 -0.35 -0.42 0.02 -0.30

SharpLink Gaming 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 €-1.06 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.


SharpLink Gaming  (FRA:771) 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.

SharpLink Gaming's Interest Expense for the three months ended in Mar. 2024 was €-0.30 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-1.55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.00 Mil.

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

SharpLink Gaming 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.


SharpLink Gaming (FRA:771) Business Description

Traded in Other Exchanges
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.

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