GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imax Corp (FRA:IMA) » Definitions » Interest Expense

Imax (FRA:IMA) Interest Expense : €-6.9 Mil (TTM As of Jun. 2024)


View and export this data going back to . Start your Free Trial

What is Imax Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Imax's interest expense for the three months ended in Jun. 2024 was € -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-6.9 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. Imax's Operating Income for the three months ended in Jun. 2024 was € 2.6 Mil. Imax's Interest Expense for the three months ended in Jun. 2024 was € -2.1 Mil. Imax's Interest Coverage for the quarter that ended in Jun. 2024 was 1.21. 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.

Imax Interest Expense Historical Data

The historical data trend for Imax'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.

Imax Interest Expense Chart

Imax Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.51 -5.76 -6.28 -5.55 -6.26

Imax Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1.66 -1.39 -1.63 -1.79 -2.12

Imax 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 quarterly data reported by the company within the most recent 12 months, which was €-6.9 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.

Imax  (FRA:IMA) 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.

Imax's Interest Expense for the three months ended in Jun. 2024 was €-2.1 Mil. Its Operating Income for the three months ended in Jun. 2024 was €2.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €213.4 Mil.

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

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*2.569/-2.12
=1.21

* 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.

Imax Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Imax Corp (FRA:IMA) » Definitions » Interest Expense
Comparable Companies
PLAY HUYA RSVR SPHR AMCX MCS AMC LGF.B WNLV LVO NFLX DIS XAMS:UMG LYV WBD FWONA XPAR:BOL FOXA NWSA WMG
Traded in Other Exchanges
IMAX:USA
Address
2525 Speakman Drive, Mississauga, ON, CAN, L5K 1B1
Website
https://www.imax.com
Imax Corp is a premier global technology platform for entertainment and events. Through its proprietary software, auditorium architecture, patented intellectual property, and specialized equipment, IMAX offers a unique end-to-end solution to create superior, immersive content experiences for which the IMAX brand is globally renowned. Top filmmakers, movie studios, artists, and creators utilize the cutting-edge visual and sound technology of IMAX to connect with audiences in innovative ways. The Company leverages its proprietary technology and engineering in all aspects of its business, which principally consists of the IMAX film remastering and the sale or lease of premium IMAX theater systems.

Imax Headlines

No Headlines