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NorthStar Gaming Holdings (TSXV:BET) Interest Expense : C$-0.72 Mil (TTM As of Dec. 2023)


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What is NorthStar Gaming Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NorthStar Gaming Holdings's interest expense for the three months ended in Dec. 2023 was C$ -0.27 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.72 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. NorthStar Gaming Holdings's Operating Income for the three months ended in Dec. 2023 was C$ -8.71 Mil. NorthStar Gaming Holdings's Interest Expense for the three months ended in Dec. 2023 was C$ -0.27 Mil. NorthStar Gaming Holdings 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.

NorthStar Gaming Holdings Interest Expense Historical Data

The historical data trend for NorthStar Gaming Holdings'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.

NorthStar Gaming Holdings Interest Expense Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Interest Expense
- -0.71

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense - -0.11 -0.18 -0.16 -0.27

NorthStar Gaming Holdings 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 quarterly data reported by the company within the most recent 12 months, which was C$-0.72 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.

NorthStar Gaming Holdings  (TSXV:BET) 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.

NorthStar Gaming Holdings's Interest Expense for the three months ended in Dec. 2023 was C$-0.27 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-8.71 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$3.02 Mil.

NorthStar Gaming Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

NorthStar Gaming Holdings 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.

NorthStar Gaming Holdings (TSXV:BET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NorthStar Gaming Holdings Inc (TSXV:BET) » Definitions » Interest Expense
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Traded in Other Exchanges
NSBBF:USA
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
Website
https://www.northstargaming.ca
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

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