11 bit studios (WAR:11B) Interest Expense : zł-4.05 Mil (TTM As of Mar. 2024)

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What is 11 bit studios Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 11 bit studios's interest expense for the three months ended in Mar. 2024 was zł -0.11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-4.05 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. 11 bit studios's Operating Income for the three months ended in Mar. 2024 was zł -1.03 Mil. 11 bit studios's Interest Expense for the three months ended in Mar. 2024 was zł -0.11 Mil. 11 bit studios 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.

11 bit studios Interest Expense Historical Data

The historical data trend for 11 bit studios'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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11 bit studios Interest Expense Chart

11 bit studios Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-0.01

-0.12

-0.49

-0.62

11 bit studios 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															-0.25	-1.53	-2.28	-0.13	-0.11

11 bit studios 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 zł-4.05 Mil.

11 bit studios (WAR:11B) 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.

11 bit studios's Interest Expense for the three months ended in Mar. 2024 was zł-0.11 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-1.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł5.58 Mil.

11 bit studios's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

11 bit studios did not have earnings to cover the interest expense.

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

11 bit studios (WAR:11B) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » 11 bit studios SA (WAR:11B) » Definitions » Interest Expense

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11C:Germany 11C:Germany

Address

Brechta 7, Warszawa, POL, 03-472

Website

http://www.11bitstudios.pl

11 bit studios SA is a manufacturer of multi-platform video games in Poland. It develops games for a wide range of devices including personal computers, and tablet computers.

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