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Glacier Media (TSX:GVC) Interest Expense : C$-21.8 Mil (TTM As of Mar. 2024)


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What is Glacier Media Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Glacier Media's interest expense for the three months ended in Mar. 2024 was C$ -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$-21.8 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. Glacier Media's Operating Income for the three months ended in Mar. 2024 was C$ -3.3 Mil. Glacier Media's Interest Expense for the three months ended in Mar. 2024 was C$ -1.6 Mil. Glacier Media 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.

Glacier Media Interest Expense Historical Data

The historical data trend for Glacier Media'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.

Glacier Media Interest Expense Chart

Glacier Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.29 -2.21 -1.50 -2.30 -20.73

Glacier Media 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 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 -0.51 -0.50 -0.53 -19.19 -1.60

Glacier Media 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 C$-21.8 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.

Glacier Media  (TSX:GVC) 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.

Glacier Media's Interest Expense for the three months ended in Mar. 2024 was C$-1.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$-3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was C$4.4 Mil.

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

Glacier Media 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.

Glacier Media (TSX:GVC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (TSX:GVC) » Definitions » Interest Expense
Comparable Companies
XCNQ:READ TSXV:FP LSE:INF NYT LSE:PSON OSL:SCHA SAU:4210 SHSE:601928 SHSE:601019 SHSE:603000 SHSE:601098 SHSE:600373 TSE:9468 SHSE:601921 SHSE:601858 WLY XSWX:TXGN SHSE:601949 SHSE:601900 LSE:FUTR
Traded in Other Exchanges
GLMFF:USA IA2:Germany
Address
2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1
Website
https://www.glaciermedia.ca
Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.
Executives
Mark Thomas Melville Senior Officer

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