Prime Bit Games (STU:1WU) Interest Expense : €-0.01 Mil (TTM As of Jun. 2024)

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What is Prime Bit Games Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prime Bit Games's interest expense for the three months ended in Jun. 2024 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.01 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. Prime Bit Games's Operating Income for the three months ended in Jun. 2024 was € -0.03 Mil. Prime Bit Games's Interest Expense for the three months ended in Jun. 2024 was € 0.00 Mil. Prime Bit Games has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Prime Bit Games Interest Expense Historical Data

The historical data trend for Prime Bit Games'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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Prime Bit Games Interest Expense Chart

Prime Bit Games Annual Data

Trend

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Interest Expense

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-0.01

Prime Bit Games Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-	-	-0.01	-	-

Prime Bit Games 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.01 Mil.

Prime Bit Games (STU:1WU) 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.

Prime Bit Games's Interest Expense for the three months ended in Jun. 2024 was €0.00 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €0.00 Mil.

Prime Bit Games's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Prime Bit Games had no long-term debt ⁽¹⁾.

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

Prime Bit Games Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Prime Bit Games SA (STU:1WU) » Definitions » Interest Expense

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PBT:Poland

Address

ul. Juliusza Slowackiego 24/1107, Rzeszow, POL, 35-060

Website

http://www.primebitgames.com

Prime Bit Games SA is engaged in designing. creating, and publishing mobile, computer, console, and browser games. The company also provides services like porting, co development, designing graphics, and games on customer orders.

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