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Movie Games (WAR:MOV) Interest Expense : zł-1.20 Mil (TTM As of Sep. 2024)


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What is Movie Games Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Movie Games's interest expense for the three months ended in Sep. 2024 was zł -0.87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was zł-1.20 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. Movie Games's Operating Income for the three months ended in Sep. 2024 was zł 0.91 Mil. Movie Games's Interest Expense for the three months ended in Sep. 2024 was zł -0.87 Mil. Movie Games's Interest Coverage for the quarter that ended in Sep. 2024 was 1.04. 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.


Movie Games Interest Expense Historical Data

The historical data trend for Movie Games'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.

* Premium members only.

Movie Games Interest Expense Chart

Movie Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - -0.06 -0.17 -0.09

Movie Games 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.18 0.38 -0.27 -0.43 -0.87

Movie Games 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-1.20 Mil.

* 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.


Movie Games  (WAR:MOV) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Movie Games's Interest Expense for the three months ended in Sep. 2024 was zł-0.87 Mil. Its Operating Income for the three months ended in Sep. 2024 was zł0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was zł0.00 Mil.

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

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.907/-0.869
=1.04

* 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.

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


Movie Games Business Description

Traded in Other Exchanges
Address
Jana Gawinskiego 8, Warszawa, POL, 01-645
Movie Games SA is a Polish-based developer, producer and publisher of computer games. The company creates games for Personal Computers, Xbox One, PlayStation4 and Nintendo Switch. Games developed by the company include Lust for Darkness, The Beast Inside, Soulblight, Total Alarm, Plane Mechanic Simulator, 303 Squadron: Battle of Britain, Orbital Racer, among others.