World Wrestling Entertainment (World Wrestling Entertainment) Interest Expense : $-19 Mil (TTM As of Jun. 2023)

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What is World Wrestling Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. World Wrestling Entertainment's interest expense for the three months ended in Jun. 2023 was $ -5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-19 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. World Wrestling Entertainment's Operating Income for the three months ended in Jun. 2023 was $ 87 Mil. World Wrestling Entertainment's Interest Expense for the three months ended in Jun. 2023 was $ -5 Mil. World Wrestling Entertainment's Interest Coverage for the quarter that ended in Jun. 2023 was 17.66. 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.

World Wrestling Entertainment Interest Expense Historical Data

The historical data trend for World Wrestling 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.

World Wrestling Entertainment Interest Expense Chart

World Wrestling Entertainment Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-15.41

-26.12

-35.60

-33.61

-21.16

World Wrestling Entertainment Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-4.64	-5.40	-4.78	-4.25	-4.95

World Wrestling 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 Mil.

World Wrestling Entertainment (NYSE:WWE) 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.

World Wrestling Entertainment's Interest Expense for the three months ended in Jun. 2023 was $-5 Mil. Its Operating Income for the three months ended in Jun. 2023 was $87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $396 Mil.

World Wrestling Entertainment's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	87.335	/	-4.945
	=	17.66

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

World Wrestling Entertainment (World Wrestling Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » World Wrestling Entertainment Inc (NYSE:WWE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1241 East Main Street, Stamford, CT, USA, 06902

Website

https://www.wwe.com

World Wrestling Entertainment Inc develops and produces television programming, pay-per-view programming, and live wrestling events. Its segments include Media, Live Events, and Consumer Products. The majority of its revenue comes from the Media segment, which includes the production and monetization of long-form and short-form video content across various platforms, including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The geographical segments are North America, which accounts for the majority of revenue; Europe/Middle East/Africa; Asia Pacific; and Latin America.

Executives

Karen M Mullane	officer: Controller & Chief Accting Off	C/O ETSY, INC., 117 ADAMS STREET, BROOKLYN NY 11201
Rajan Mehta	officer: EVP, Chief Product & Tech Off	1241 EAST MAIN STREET, STAMFORD CT 06902
Suzette Ramirez-carr	officer: EVP, Chief Human Resources Off	1241 EAST MAIN STREET, STAMFORD CT 06902
Steve Pamon	director	1241 E MAIN ST, STAMFORD CT 06902-3520
Steven R Koonin	director	625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Mckenna Michelle	director	20 DAVIS DRIVE, BELMONT CA 94002
Nick Khan	director, officer: Chief Executive Officer	1241 EAST MAIN STREET, STAMFORD CT 06902
Maurice F Edelson	officer: EVP, Chief Legal Officer	1241 EAST MAIN STREET, STAMFORD CT 06902
Dillon Joellen Lyons	director	BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HARTFORDSHIRE X0 AL 109UL
Riddick Frank A Iii	officer: President & CFO	C/O GRAFTECH INTERNATIONAL LTD, 12900 SNOW ROAD, PARMA OH 44130
Ignace Lahoud	director	1241 EAST MAIN STREET, STAMFORD CT 06902
Kevin Dunn	officer: Exec Prod. & Chief Glob. Telev	1241 EST MAIN STREET, STAMFORD CT 06902
Elisebeth Collins	officer: SVP General Counsel & Corp Sec	1241 EAST MAIN STREET, STAMFORD CT 06902
Bradley Blum	officer: EVP, Operations & COS	1241 EAST MAIN STREET, STAMFORD CT 06902
Samira Shah	officer: EVP, General Counsel & Corp Se	1241 EAST MAIN STREET, STAMFORD CT 06902