Sky Network Television (Sky Network Television) Interest Expense : $-3.5 Mil (TTM As of Dec. 2023)

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What is Sky Network Television Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sky Network Television's interest expense for the six months ended in Dec. 2023 was $ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.5 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. Sky Network Television's Operating Income for the six months ended in Dec. 2023 was $ 25.1 Mil. Sky Network Television's Interest Expense for the six months ended in Dec. 2023 was $ -1.6 Mil. Sky Network Television's Interest Coverage for the quarter that ended in Dec. 2023 was 16.04. 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.

Sky Network Television Interest Expense Historical Data

The historical data trend for Sky Network Television'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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Sky Network Television Interest Expense Chart

Sky Network Television Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-8.22

-6.80

-4.98

-2.75

-2.09

Sky Network Television Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-1.57	-1.27	-0.20	-1.89	-1.57

Sky Network Television 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-3.5 Mil.

Sky Network Television (OTCPK:SYKWF) 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.

Sky Network Television's Interest Expense for the six months ended in Dec. 2023 was $-1.6 Mil. Its Operating Income for the six months ended in Dec. 2023 was $25.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $9.4 Mil.

Sky Network Television's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	25.101	/	-1.565
	=	16.04

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

Sky Network Television (Sky Network Television) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sky Network Television Ltd (OTCPK:SYKWF) » Definitions » Interest Expense

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SKT:New Zealand SKT:Australia

Address

10 Panorama Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.sky.co.nz

Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.

Sky Network Television (Sky Network Television) Headlines

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