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Concorde Gaming (Concorde Gaming) Interest Expense : $ Mil (TTM As of . 20)


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What is Concorde Gaming Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Concorde Gaming's interest expense for the three months ended in . 20 was $ 0.00 Mil. Concorde Gaming does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in . 20.

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. Concorde Gaming's Operating Income for the three months ended in . 20 was $ 0.00 Mil. Concorde Gaming's Interest Expense for the three months ended in . 20 was $ 0.00 Mil. Concorde Gaming 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.

Concorde Gaming Interest Expense Historical Data

The historical data trend for Concorde Gaming'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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Concorde Gaming Interest Expense Chart

Concorde Gaming Annual Data
Trend
Interest Expense

Concorde Gaming Quarterly Data
Interest Expense

Concorde Gaming Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Concorde Gaming  (OTCPK:CGAM) 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.

Concorde Gaming's Interest Expense for the three months ended in . 20 was $0.00 Mil. Its Operating Income for the three months ended in . 20 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in . 20 was $0.00 Mil.

Concorde Gaming's Interest Coverage for the quarter that ended in . 20 is calculated as

Concorde Gaming had no long-term debt (1).

* 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.

Concorde Gaming (Concorde Gaming) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Concorde Gaming Corp (OTCPK:CGAM) » Definitions » Interest Expense
Comparable Companies
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Traded in Other Exchanges
N/A
Address
3290 Lien Street, Rapid City, SD, USA, 57709-0505
Website
Concorde Gaming Corp operates the Golden Gates Casino and the Golden Gulch Casino, respectively, each a limited stakes casino located in Black Hawk, Colorado.

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