GameOn Entertainment Technologies (XCNQ:GET) Interest Expense : C$-0.64 Mil (TTM As of Jun. 2024)

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What is GameOn Entertainment Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GameOn Entertainment Technologies's interest expense for the three months ended in Jun. 2024 was C$ -0.17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was C$-0.64 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. GameOn Entertainment Technologies's Operating Income for the three months ended in Jun. 2024 was C$ -0.40 Mil. GameOn Entertainment Technologies's Interest Expense for the three months ended in Jun. 2024 was C$ -0.17 Mil. GameOn Entertainment Technologies 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.

GameOn Entertainment Technologies Interest Expense Historical Data

The historical data trend for GameOn Entertainment Technologies'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.

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GameOn Entertainment Technologies Interest Expense Chart

GameOn Entertainment Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.30

-0.33

-0.12

-0.54

GameOn Entertainment Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial													-0.12	-0.17	-0.18	-0.12	-0.17

GameOn Entertainment Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.64 Mil.

GameOn Entertainment Technologies (XCNQ:GET) 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.

GameOn Entertainment Technologies's Interest Expense for the three months ended in Jun. 2024 was C$-0.17 Mil. Its Operating Income for the three months ended in Jun. 2024 was C$-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was C$1.13 Mil.

GameOn Entertainment Technologies's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

GameOn Entertainment Technologies did not have earnings to cover the interest expense.

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

GameOn Entertainment Technologies Business Description

Industry

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Traded in Other Exchanges

GMETF:USA 9E7:Germany

Address

750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7

Website

https://www.gameon.app

GameOn Entertainment Technologies Inc is a next-generation fantasy sports technology company.