Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Interest Expense : $-0.37 Mil (TTM As of Feb. 2024)

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What is Digital Brand Media & Marketing Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digital Brand Media & Marketing Group's interest expense for the three months ended in Feb. 2024 was $ -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.37 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. Digital Brand Media & Marketing Group's Operating Income for the three months ended in Feb. 2024 was $ -0.09 Mil. Digital Brand Media & Marketing Group's Interest Expense for the three months ended in Feb. 2024 was $ -0.09 Mil. Digital Brand Media & Marketing Group 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.

Digital Brand Media & Marketing Group Interest Expense Historical Data

The historical data trend for Digital Brand Media & Marketing Group'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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Digital Brand Media & Marketing Group Interest Expense Chart

Digital Brand Media & Marketing Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-0.14

-0.32

-0.33

-0.39

-0.31

Digital Brand Media & Marketing Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Interest Expense	Get a 7-Day Free Trial															-0.08	-0.07	-0.09	-0.12	-0.09

Digital Brand Media & Marketing Group 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.37 Mil.

Digital Brand Media & Marketing Group (OTCPK:DBMM) 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.

Digital Brand Media & Marketing Group's Interest Expense for the three months ended in Feb. 2024 was $-0.09 Mil. Its Operating Income for the three months ended in Feb. 2024 was $-0.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was $0.02 Mil.

Digital Brand Media & Marketing Group's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Digital Brand Media & Marketing Group did not have earnings to cover the interest expense.

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

Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Digital Brand Media & Marketing Group Inc (OTCPK:DBMM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

845 Third Avenue, 6th Floor, New York, NY, USA, 10022

Website

http://www.dbmmgroup.com

Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.

Executives

Linda Perry	director	400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James	director	HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

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