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Signing Day Sports (Signing Day Sports) Interest Expense : $-1.37 Mil (TTM As of Sep. 2023)


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What is Signing Day Sports Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Signing Day Sports's interest expense for the three months ended in Sep. 2023 was $ -0.31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-1.37 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. Signing Day Sports's Operating Income for the three months ended in Sep. 2023 was $ -0.60 Mil. Signing Day Sports's Interest Expense for the three months ended in Sep. 2023 was $ -0.31 Mil. Signing Day Sports 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.

Signing Day Sports Interest Expense Historical Data

The historical data trend for Signing Day Sports'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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Signing Day Sports Interest Expense Chart

Signing Day Sports Annual Data
Trend Dec21 Dec22
Interest Expense
-0.08 -0.60

Signing Day Sports Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial - -0.60 -0.20 -0.26 -0.31

Signing Day Sports 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.37 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.

Signing Day Sports  (AMEX:SGN) 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.

Signing Day Sports's Interest Expense for the three months ended in Sep. 2023 was $-0.31 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-0.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $9.97 Mil.

Signing Day Sports's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Signing Day Sports 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.

Signing Day Sports (Signing Day Sports) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Signing Day Sports Inc (AMEX:SGN) » Definitions » Interest Expense
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Address
8355 East Hartford Road, Suite 100, Scottsdale, AZ, USA, 85255
Website
https://signingdaysports.com
Signing Day Sports Inc is a technology company developing and operating platforms aiming to give significantly more student-athletes the opportunity to go to college and continue playing sports. Its platform Signing Day Sports is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. It currently fully supports football and baseball, and it plans to expand the Signing Day Sports platform to include additional sports.