GMA Network (PHS:GMA7) Interest Expense : ₱-148 Mil (TTM As of Mar. 2024)

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What is GMA Network Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GMA Network's interest expense for the three months ended in Mar. 2024 was ₱ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-148 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. GMA Network's Operating Income for the three months ended in Mar. 2024 was ₱ 184 Mil. GMA Network's Interest Expense for the three months ended in Mar. 2024 was ₱ -20 Mil. GMA Network's Interest Coverage for the quarter that ended in Mar. 2024 was 9.15. 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.

GMA Network Interest Expense Historical Data

The historical data trend for GMA Network'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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GMA Network Interest Expense Chart

GMA Network Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-55.60

-20.55

-48.69

-25.13

-131.13

GMA Network Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-3.47	-40.27	-53.87	-33.53	-20.09

GMA Network 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 ₱-148 Mil.

GMA Network (PHS:GMA7) 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.

GMA Network's Interest Expense for the three months ended in Mar. 2024 was ₱-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱184 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₱121 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	183.891	/	-20.09
	=	9.15

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

GMA Network (PHS:GMA7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMA Network Inc (PHS:GMA7) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103

Website

https://www.gmanetwork.com

GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

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