WINR (Simplicity Esports and Gaming Co) Interest Expense: $-3.75 Mil (TTM As of Feb. 2023)


WINR Simplicity Esports and Gaming Co WINR
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What is Simplicity Esports and Gaming Co Interest Expense?

Simplicity Esports and Gaming Co WINR -99.00% 12 Interest Expense is $-3.75 Mil as of Feb. 2023. GuruFocus rates WINR with a GF Score™ of 12/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simplicity Esports and Gaming Co's interest expense for the three months ended in Feb. 2023 was $ -0.48 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2023 was $-3.75 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. Simplicity Esports and Gaming Co's Operating Income for the three months ended in Feb. 2023 was $ -0.21 Mil. Simplicity Esports and Gaming Co's Interest Expense for the three months ended in Feb. 2023 was $ -0.48 Mil. Simplicity Esports and Gaming Co 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.


Simplicity Esports and Gaming Co  (OTCPK:WINR) 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.

Simplicity Esports and Gaming Co's Interest Expense for the three months ended in Feb. 2023 was $-0.48 Mil. Its Operating Income for the three months ended in Feb. 2023 was $-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2023 was $0.08 Mil.

Simplicity Esports and Gaming Co's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Simplicity Esports and Gaming Co 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.


Simplicity Esports and Gaming Co Interest Expense Historical Data

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The historical data trend for Simplicity Esports and Gaming Co'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.

Simplicity Esports and Gaming Co Interest Expense Chart

Simplicity Esports and Gaming Co Annual Data
Trend May17 May18 May19 May20 May21 May22
Interest Expense
Get a 7-Day Free Trial 0.00 -0.02 -0.03 -1.40 -4.52

Simplicity Esports and Gaming Co Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 -1.00 -1.71 -0.85 -0.72 -0.48
WINR
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Simplicity Esports and Gaming Co WINR
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Simplicity Esports and Gaming Co 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.75 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-3.75 Mil mean?
Simplicity Esports and Gaming Co (WINR) has a Interest Expense of $-3.75 Mil as of Feb. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Simplicity Esports and Gaming Co and its competitors.
Is Simplicity Esports and Gaming Co's Interest Expense too high?
Simplicity Esports and Gaming Co's current Interest Expense is $-3.75 Mil. Overall, Simplicity Esports and Gaming Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Simplicity Esports and Gaming Co's Interest Expense compare to ATVI and NTES?
Simplicity Esports and Gaming Co's Interest Expense of $-3.75 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Interactive Media company?
A good Interest Expense depends on the Interactive Media industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Simplicity Esports and Gaming Co and its competitors. Simplicity Esports and Gaming Co's current Interest Expense is $-3.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplicity Esports and Gaming Co stock overvalued right now?
Simplicity Esports and Gaming Co (WINR) has a current Interest Expense of $-3.75 Mil. The current Interest Expense is $-3.75 Mil. Simplicity Esports and Gaming Co's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Simplicity Esports and Gaming Co (WINR), the current Interest Expense is $-3.75 Mil as of Feb. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Simplicity Esports and Gaming Co Business Description

Address 7000 W. Palmetto Park Road, Suite 505, Boca Raton, FL, USA, 33433
Simplicity Esports and Gaming Co is a North American esports organization managing esports teams domestically and internationally. The company through its subsidiaries owns and manages professional esports teams competing in games such as Overwatch, Apex Legends, PUBG, and more. The company owns Corporate and Franchised Gaming Centers.
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