What is Sinclair Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinclair's interest expense for the
three
months ended in Dec. 2023 was $ -78 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-305 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. Sinclair's Operating Income for the
three
months ended in Dec. 2023 was $ -394 Mil. Sinclair's Interest Expense for the
three
months ended in Dec. 2023 was $ -78 Mil.
Sinclair 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.
Sinclair 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 $-305 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.
Sinclair (NAS:SBGI) 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.
Sinclair's Interest Expense for the
three
months ended in Dec. 2023 was $-78 Mil. Its
Operating Income
for the
three
months ended in Dec. 2023 was $-394 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Dec. 2023 was $4,291 Mil.
Sinclair's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as
| Sinclair 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.
Sinclair (Sinclair) Business Description
Traded in Other Exchanges
N/A
Address
10706 Beaver Dam Road, Hunt Valley, MD, USA, 21030
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
Executives
| David B Gibber |
officer: SVP & General Counsel |
10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030 |
| Howard E Friedman |
director |
6201 GREEN MEADOW WAY, BALTIMORE MD 21209 |
| Jeffrey Edward Lewis |
officer: Chief Compliance Officer |
10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030 |
| Benjamin Sr Carson |
director |
PO BOX 3599, BATTLE CREEK MI 49016-3599 |
| Lawrence E Mccanna |
director |
36 S CHARLES ST, STE 1800, BALTIMORE MD 21201 |
| Frederick G Smith |
director, 10 percent owner, officer: Vice President |
10706 BEAVER DAM RD, COCKEYSVILLE MD 21030 |
| J Duncan Smith |
director, 10 percent owner, officer: Secretary |
10706 BEAVER DAM RD, COCKEYSVILLE MD 21030 |
| Laurie R Beyer |
director |
6331 FALCONWOOD STREET, MIDDLE RIVER MD 21220 |
| David D Smith |
director, 10 percent owner, officer: President |
C/O SINCLAIR BROADCAST GROUP, 2000 WEST 41ST ST, BALTIMORE MD 21211-1420 |
| Justin Leroy Bray |
officer: VP & Treasurer |
10706 BEAVER DAM ROAD, HUNT VALLEY MD 21030 |
| David R Bochenek |
officer: Controller and CAO |
10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21030 |
| Barry Faber |
officer: Vice President-General Counsel |
10706 BEAVER DAM ROAD, COCKEYSVILLE MD 21203 |
| Lucy Rutishauser |
officer: Treasurer and VP Corp. Finance |
10706 BEAVER DAM RD, COCKEYSVILLE MD 21203 |
| Daniel C Keith |
director |
102 W PENNSYLVANIA AVE, STE 501, TOWSON MD 21204 |
| Benson E Legg |
director |
393 SILVER MOSS DRIVE, VERO BEACH FL 32963 |
Sinclair (Sinclair) Headlines
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