Gremi Media (WAR:GME) Interest Expense : zł-0.89 Mil (TTM As of Mar. 2024)

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What is Gremi Media Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gremi Media's interest expense for the three months ended in Mar. 2024 was zł -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.89 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. Gremi Media's Operating Income for the three months ended in Mar. 2024 was zł 1.17 Mil. Gremi Media's Interest Expense for the three months ended in Mar. 2024 was zł -0.28 Mil. Gremi Media's Interest Coverage for the quarter that ended in Mar. 2024 was 4.18. 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.

Gremi Media Interest Expense Historical Data

The historical data trend for Gremi 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.

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Gremi Media Interest Expense Chart

Gremi Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.87

-0.42

-0.25

-0.12

-0.73

Gremi 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															-0.12	-0.31	-0.23	-0.06	-0.28

Gremi 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 zł-0.89 Mil.

Gremi Media (WAR:GME) 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.

Gremi Media's Interest Expense for the three months ended in Mar. 2024 was zł-0.28 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł1.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

Gremi Media'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	*	1.174	/	-0.281
	=	4.18

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

Gremi Media (WAR:GME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gremi Media SA (WAR:GME) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838

Website

https://www.gremimedia.pl

Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.