GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mobile Global Esports Inc (OTCPK:MGAM) » Definitions » Interest Expense

Mobile Global Esports (Mobile Global Esports) Interest Expense : $-0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Mobile Global Esports Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mobile Global Esports's interest expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.00 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. Mobile Global Esports's Operating Income for the three months ended in Dec. 2023 was $ -1.41 Mil. Mobile Global Esports's Interest Expense for the three months ended in Dec. 2023 was $ -0.00 Mil. Mobile Global Esports 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.

Mobile Global Esports Interest Expense Historical Data

The historical data trend for Mobile Global Esports'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.

Mobile Global Esports Interest Expense Chart

Mobile Global Esports Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
- - -

Mobile Global Esports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Mobile Global Esports 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.00 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.

Mobile Global Esports  (OTCPK:MGAM) 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.

Mobile Global Esports's Interest Expense for the three months ended in Dec. 2023 was $-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-1.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $0.05 Mil.

Mobile Global Esports's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Mobile Global Esports 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.

Mobile Global Esports (Mobile Global Esports) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mobile Global Esports Inc (OTCPK:MGAM) » Definitions » Interest Expense
Comparable Companies
MSGM NFTG GDC DROR VRVR FRZT WINR GIGM NCTY ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555
Traded in Other Exchanges
N/A
Address
500 Post Road East, Westport, CT, USA, 06880
Website
https://www.mogoesports.com
Mobile Global Esports Inc develops and commercializes international esports, beginning with university esports events in India. It is launching an esports (electronic sports) platform initially focused on esports competitions played on mobile devices by university teams and players representing universities located in India and elsewhere in South Asia.
Executives
David Randall Pross officer: CEO 73 BLUE SPRUCE CIRCLE, WESTON CT 06883
James Knopf director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883
Marco Welch director, officer: Chairman of the board 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883
Jay P. Madan director 8480 HONEYCUTT RD, SUITE 200, RALEIGH NC 27615
Sports Industry Of India, Inc. 10 percent owner 616 S. EL CAMINO REAL, STE. H, SAN CLEMENTE CA 92672
Alexander Alexandrov director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 02883
Kiki V Benson officer: CFO 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06880
Willy Verhaegen director 500 POST ROAD EAST, 2ND FLOOR, WESTPORT CT 06883