Lottery.com (Lottery.com) Interest Expense : $-0.49 Mil (TTM As of Mar. 2024)

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What is Lottery.com Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lottery.com's interest expense for the three months ended in Mar. 2024 was $ -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.49 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. Lottery.com's Operating Income for the three months ended in Mar. 2024 was $ -5.60 Mil. Lottery.com's Interest Expense for the three months ended in Mar. 2024 was $ -0.10 Mil. Lottery.com 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.

Lottery.com Interest Expense Historical Data

The historical data trend for Lottery.com'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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Lottery.com Interest Expense Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.62

-1.22

-19.79

-0.77

-0.38

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-	-0.04	-0.24	-0.10	-0.10

Lottery.com 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 $-0.49 Mil.

Lottery.com (NAS:LTRYW) 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.

Lottery.com's Interest Expense for the three months ended in Mar. 2024 was $-0.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-5.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.00 Mil.

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

Lottery.com did not have earnings to cover the interest expense.

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

Lottery.com (Lottery.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRYW) » Definitions » Interest Expense

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Traded in Other Exchanges

LTRY:USA

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. It offers more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, the firm is fundamentally changing how non-profit donors are incentivized to action by gasifying charitable giving. In all that its mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.