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WBTN (Webtoon Entertainment) Interest Expense : $-0 Mil (TTM As of Dec. 2024)


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What is Webtoon Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Webtoon Entertainment's interest expense for the three months ended in Dec. 2024 was $ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-0 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. Webtoon Entertainment's Operating Income for the three months ended in Dec. 2024 was $ -25 Mil. Webtoon Entertainment's Interest Expense for the three months ended in Dec. 2024 was $ -0 Mil. Webtoon Entertainment 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.


Webtoon Entertainment Interest Expense Historical Data

The historical data trend for Webtoon Entertainment'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.

Webtoon Entertainment Interest Expense Chart

Webtoon Entertainment Annual Data
Trend Dec22 Dec23 Dec24
Interest Expense
-0.84 -0.08 -0.05

Webtoon Entertainment Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.02 -0.03 -0.01 - -

Webtoon Entertainment 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0 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.


Webtoon Entertainment  (NAS:WBTN) 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.

Webtoon Entertainment's Interest Expense for the three months ended in Dec. 2024 was $-0 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $11 Mil.

Webtoon Entertainment's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Webtoon Entertainment did not have earnings to cover the interest expense.

* 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.


Webtoon Entertainment Business Description

Traded in Other Exchanges
N/A
Address
5700 Wilshire Boulevard, Suite 220, Los Angeles, CA, USA, 90036
Webtoon Entertainment Inc is a storytelling platform where a vibrant community of creators and users discover, create and share new content. It has pioneered a cultural movement by revolutionizing the storytelling format and democratizing content creation and publication connecting 24 million creators with approximately 170 million monthly active users in over 150 countries around the world.