Incuvo (WAR:IVO) Interest Expense : zł-0.01 Mil (TTM As of Mar. 2024)

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What is Incuvo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Incuvo's interest expense for the three months ended in Mar. 2024 was zł -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.01 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. Incuvo's Operating Income for the three months ended in Mar. 2024 was zł -0.15 Mil. Incuvo's Interest Expense for the three months ended in Mar. 2024 was zł -0.01 Mil. Incuvo 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.

Incuvo Interest Expense Historical Data

The historical data trend for Incuvo'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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Incuvo Interest Expense Chart

Incuvo Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Interest Expense

-0.01

Incuvo Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
Interest Expense	Get a 7-Day Free Trial											-	-0.11	-	-	-0.01

Incuvo 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-0.01 Mil.

Incuvo (WAR:IVO) 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.

Incuvo's Interest Expense for the three months ended in Mar. 2024 was zł-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł-0.15 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

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

Incuvo did not have earnings to cover the interest expense.

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

Good Sign:

Incuvo SA has no debt.

Incuvo (WAR:IVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Incuvo SA (WAR:IVO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Ligocka 103, Katowice, POL, 40-568

Website

https://www.incuvo.com

Incuvo SA is engaged in the game development business. It ports and produces VR games on a work for hire basis. Some of the games offered by the company include Blair Witch, Layers of Fear, Super Hero Fight Club, Createrria 2, and Crowdy Farm Puzzle.

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