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Banijay Group NV (FRA:W320) Interest Expense : €-212 Mil (TTM As of Jun. 2024)


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What is Banijay Group NV Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Banijay Group NV's interest expense for the three months ended in Jun. 2024 was € -48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-212 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. Banijay Group NV's Operating Income for the three months ended in Jun. 2024 was € 109 Mil. Banijay Group NV's Interest Expense for the three months ended in Jun. 2024 was € -48 Mil. Banijay Group NV's Interest Coverage for the quarter that ended in Jun. 2024 was 2.29. 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.

Banijay Group NV Interest Expense Historical Data

The historical data trend for Banijay Group NV'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.

Banijay Group NV Interest Expense Chart

Banijay Group NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -30.60 -119.70 -141.70 -150.20 -205.90

Banijay Group NV Quarterly Data
Dec19 Dec20 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 -54.50 -58.00 -59.10 -46.90 -47.50

Banijay Group NV 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 €-212 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.

Banijay Group NV  (FRA:W320) 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.

Banijay Group NV's Interest Expense for the three months ended in Jun. 2024 was €-48 Mil. Its Operating Income for the three months ended in Jun. 2024 was €109 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €2,566 Mil.

Banijay Group NV'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*108.7/-47.5
=2.29

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Banijay Group NV interest coverage is 2.38, which is low.

Banijay Group NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Banijay Group NV (FRA:W320) » Definitions » Interest Expense
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Traded in Other Exchanges
BNJ:Netherlands
Address
5 Rue Francois 1er, Paris, ITA, 75008
Website
https://www.flentertainment.com
FL Entertainment NV is an independent content production and fastest-growing online sports betting platform in Europe through its Banijay and Betclic Everest Group businesses. Banijay produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Betclic Everest Group operates an online sports betting platform in Europe.

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