Artifex Mundi (WAR:ART) Interest Expense : zł-1.76 Mil (TTM As of Mar. 2024)

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What is Artifex Mundi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Artifex Mundi's interest expense for the three months ended in Mar. 2024 was zł -0.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-1.76 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. Artifex Mundi's Operating Income for the three months ended in Mar. 2024 was zł 8.09 Mil. Artifex Mundi's Interest Expense for the three months ended in Mar. 2024 was zł -0.08 Mil. Artifex Mundi's Interest Coverage for the quarter that ended in Mar. 2024 was 102.38. 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.

Artifex Mundi Interest Expense Historical Data

The historical data trend for Artifex Mundi'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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Artifex Mundi Interest Expense Chart

Artifex Mundi Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.05

-0.01

-0.11

-0.12

Artifex Mundi 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															-0.09	-0.07	-1.71	0.10	-0.08

Artifex Mundi 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-1.76 Mil.

Artifex Mundi (WAR:ART) 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.

Artifex Mundi's Interest Expense for the three months ended in Mar. 2024 was zł-0.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł8.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	8.088	/	-0.079
	=	102.38

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

Artifex Mundi (WAR:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Artifex Mundi SA (WAR:ART) » Definitions » Interest Expense

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Address

Michala Archaniola 10, Zabrze, POL, 41-800

Website

https://www.artifexmundi.com

Artifex Mundi SA is a producer, co-producer and publisher of games for platforms including Android, iOS, Windows Phone, PC, Mac, Linux, Xbox One and PlayStation 4. Its business segments include Game segment premium, which includes the production of games monetyzowanych model try-before- you-buy and publishing activities and investment in the field of games monetyzowanych model try-before- you-buy.

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