CI Games SE (WAR:CIG) Interest Expense : zł-2.4 Mil (TTM As of Sep. 2024)

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What is CI Games SE Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CI Games SE's interest expense for the three months ended in Sep. 2024 was zł -1.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was zł-2.4 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. CI Games SE's Operating Income for the three months ended in Sep. 2024 was zł -1.2 Mil. CI Games SE's Interest Expense for the three months ended in Sep. 2024 was zł -1.1 Mil. CI Games SE 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.

CI Games SE Interest Expense Historical Data

The historical data trend for CI Games SE'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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CI Games SE Interest Expense Chart

CI Games SE Annual Data

Trend

Dec14

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Dec19

Dec20

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Dec23

Interest Expense

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-0.62

-0.13

-0.09

-0.24

-2.84

CI Games SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-3.86	0.46	-0.89	-0.83	-1.10

CI Games SE 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-2.4 Mil.

CI Games SE (WAR:CIG) 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.

CI Games SE's Interest Expense for the three months ended in Sep. 2024 was zł-1.1 Mil. Its Operating Income for the three months ended in Sep. 2024 was zł-1.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was zł0.8 Mil.

CI Games SE's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

CI Games SE did not have earnings to cover the interest expense.

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

CI Games SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CI Games SE (WAR:CIG) » Definitions » Interest Expense

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CI7:Germany

Address

Rondo Daszy?skiego 2B, Warszawa, POL, 00-843

Website

https://www.cigames.com

CI Games SE is engaged in developing, producing, publishing, and distributing computer games. The company offers various games including Sniper Ghost Warrior, Alien Fear, Dogfight 1942, Farm Frenzy and Enemy Front among others.