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Wow Unlimited Media (Wow Unlimited Media) Interest Expense : $-1.40 Mil (TTM As of Sep. 2021)


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What is Wow Unlimited Media Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wow Unlimited Media's interest expense for the three months ended in Sep. 2021 was $ -0.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-1.40 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. Wow Unlimited Media's Operating Income for the three months ended in Sep. 2021 was $ 1.19 Mil. Wow Unlimited Media's Interest Expense for the three months ended in Sep. 2021 was $ -0.36 Mil. Wow Unlimited Media's Interest Coverage for the quarter that ended in Sep. 2021 was 3.29. 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.


Wow Unlimited Media Interest Expense Historical Data

The historical data trend for Wow Unlimited 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.

* Premium members only.

Wow Unlimited Media Interest Expense Chart

Wow Unlimited Media Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.25 -0.35 -0.88 -1.42 -1.52

Wow Unlimited Media Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.37 -0.35 -0.32 -0.38 -0.36

Wow Unlimited 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.40 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.


Wow Unlimited Media  (OTCPK:WOWMF) 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.

Wow Unlimited Media's Interest Expense for the three months ended in Sep. 2021 was $-0.36 Mil. Its Operating Income for the three months ended in Sep. 2021 was $1.19 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $13.08 Mil.

Wow Unlimited Media's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2021 )/Interest Expense (Q: Sep. 2021 )
=-1*1.189/-0.361
=3.29

* 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.

Warning Sign:

Ben Graham prefers companies interest coverage is at least 5. Wow Unlimited Media Inc interest coverage is 2.29, which is low.


Wow Unlimited Media (Wow Unlimited Media) Business Description

Traded in Other Exchanges
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Address
200 - 2025 West Broadway, Vancouver, BC, CAN, V6J 1Z6
Wow Unlimited Media Inc is an animation-focused entertainment company producing content and building brands and audiences on global media platforms. The company's operating segment include Animation production and Networks and Platforms. It generates maximum revenue from the Networks and Platforms segment. Geographically, it derives most of the revenue from the United States. The company's media assets include Channel Frederator Network on YouTube, as well as WOW! branded programming on Bell Media's streaming entertainment platform, Crave.