MCZAF (Mad Catz Interactive) Interest Expense: $-1.32 Mil (TTM As of Dec. 2016)

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What is Mad Catz Interactive Interest Expense?

Mad Catz Interactive MCZAF -3.33% Interest Expense is $-1.32 Mil as of Dec. 2016.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mad Catz Interactive's interest expense for the three months ended in Dec. 2016 was $ -0.29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2016 was $-1.32 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. Mad Catz Interactive's Operating Income for the three months ended in Dec. 2016 was $ -2.88 Mil. Mad Catz Interactive's Interest Expense for the three months ended in Dec. 2016 was $ -0.29 Mil. Mad Catz Interactive 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.

Mad Catz Interactive  (OTCPK:MCZAF) 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.

Mad Catz Interactive's Interest Expense for the three months ended in Dec. 2016 was $-0.29 Mil. Its Operating Income for the three months ended in Dec. 2016 was $-2.88 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2016 was $2.93 Mil.

Mad Catz Interactive's Interest Coverage for the quarter that ended in Dec. 2016 is calculated as

Mad Catz Interactive 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.

Mad Catz Interactive Interest Expense Historical Data

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The historical data trend for Mad Catz Interactive'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.

Mad Catz Interactive Interest Expense Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.12 -0.89 -0.66 -0.78 -1.70

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.66 -0.42 -0.33 -0.28 -0.29

Mad Catz Interactive 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.32 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-1.32 Mil mean?
Mad Catz Interactive (MCZAF) has a Interest Expense of $-1.32 Mil as of Dec. 2016. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mad Catz Interactive and its competitors.
Is Mad Catz Interactive's Interest Expense too high?
Mad Catz Interactive's current Interest Expense is $-1.32 Mil.
How does Mad Catz Interactive's Interest Expense compare to ECRP?
Mad Catz Interactive's Interest Expense of $-1.32 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Hardware company?
A good Interest Expense depends on the Hardware industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mad Catz Interactive and its competitors. Mad Catz Interactive's current Interest Expense is $-1.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mad Catz Interactive stock overvalued right now?
Mad Catz Interactive (MCZAF) has a current Interest Expense of $-1.32 Mil. The current Interest Expense is $-1.32 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mad Catz Interactive (MCZAF), the current Interest Expense is $-1.32 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mad Catz Interactive Business Description

Address 181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.