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MDIA (MediaCo Holding) Interest Expense : $-7.31 Mil (TTM As of Sep. 2024)


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What is MediaCo Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MediaCo Holding's interest expense for the three months ended in Sep. 2024 was $ -3.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-7.31 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. MediaCo Holding's Operating Income for the three months ended in Sep. 2024 was $ -6.87 Mil. MediaCo Holding's Interest Expense for the three months ended in Sep. 2024 was $ -3.27 Mil. MediaCo Holding 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.


MediaCo Holding Interest Expense Historical Data

The historical data trend for MediaCo Holding'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.

MediaCo Holding Interest Expense Chart

MediaCo Holding Annual Data
Trend Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - -9.49 -7.71 -6.98 -0.43

MediaCo Holding Quarterly Data
Aug19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.09 -0.12 -0.14 -3.78 -3.27

MediaCo Holding 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.31 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.


MediaCo Holding  (NAS:MDIA) 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.

MediaCo Holding's Interest Expense for the three months ended in Sep. 2024 was $-3.27 Mil. Its Operating Income for the three months ended in Sep. 2024 was $-6.87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $112.23 Mil.

MediaCo Holding's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

MediaCo Holding 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.


MediaCo Holding Business Description

Traded in Other Exchanges
Address
395 HUDSON STREET, FLOOR 7, New York, NY, USA, 10014
MediaCo Holding Inc is a radio broadcasting media company operating in radio and digital advertising, premium programming and events. It has two radio stations, WQHT-FM and WBLS-FM, which serve the New York City metropolitan area. The company generates revenue from radio and outdoor advertising sales and events including sponsorships and ticket sales, licensing, and syndication.
Executives
Emmis Corp director, 10 percent owner ONE EMMIS PLAZA, 40 MONUMENT CIRCLE #700, INDIANAPOLIS IN 46204
Robert L. Greene director 1300 PENNSYLVANIA AVENUE NW, 700, WASHINGTON DC 20004
Andrew P. Glaze director C/O NATIONAL CINEMEDIA, INC., 6300 S. SYRACUSE WAY, SUITE 300, CENTENNIAL CO 80111
Deborah A Mcdermott director C/O YOUNG BROADCASTING INC, 599 LEXINGTON AVE, NEW YORK NY 10022
Mary Beth Riggio director 137 SOUTH PECK, APARTMENT D, BEVERLY HILLS CA 90212
Bradford A Tobin officer: President, COO C/O STANDARD DIVERSIFIED OPPORTUNITIES, 155 MINEOLA BLVD., MINEOLA NY 11501
Ann C Beemish officer: CFO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Rahsan Lindsay officer: CEO ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Standard General L.p. 10 percent owner 767 FIFTH AVENUE, 12TH FLOOR, NEW YORK NY 10153
Laura Anne Lee director 267 1ST STREET, APT 1, BROOKLYN NY 11215
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright director, officer: EVP, General Counsel & Sec 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, officer: CEO
Patrick M Walsh director, officer: President, COO 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Francis Capital Management, Llc 10 percent owner 610 MAIN STREET, VENICE CA 90291