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Kindred Group (Kindred Group) Interest Expense : $-14 Mil (TTM As of Mar. 2024)


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What is Kindred Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kindred Group's interest expense for the three months ended in Mar. 2024 was $ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-14 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. Kindred Group's Operating Income for the three months ended in Mar. 2024 was $ 55 Mil. Kindred Group's Interest Expense for the three months ended in Mar. 2024 was $ -3 Mil. Kindred Group's Interest Coverage for the quarter that ended in Mar. 2024 was 18.00. 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.

Kindred Group Interest Expense Historical Data

The historical data trend for Kindred 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.

* Premium members only.

Kindred Group Interest Expense Chart

Kindred Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.65 -8.33 -8.25 -7.19 -14.30

Kindred Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.31 -3.79 -3.71 -3.80 -3.05

Kindred 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14 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.

Kindred Group  (OTCPK:KNDGF) 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.

Kindred Group's Interest Expense for the three months ended in Mar. 2024 was $-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was $55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $175 Mil.

Kindred Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*54.892/-3.05
=18.00

* 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.

Kindred Group (Kindred Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kindred Group PLC (OTCPK:KNDGF) » Definitions » Interest Expense
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OSTO:BETS B OSTO:KAMBI XSAT:ANGL OSTO:ACROUD XSAT:FABLE XSAT:BLICK OSTO:TANGI LSE:FLTR OSTO:EVO DKNG ASX:ALL CHDN LNW XPAR:FDJ ASX:TLC LSE:ENT ATH:OPAP IGT MIL:LTMC TSE:6417
Traded in Other Exchanges
KIND SDB:Sweden KINDs:UK 0RDS:UK UNBA:Germany UNBA:Germany
Address
C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103
Website
https://www.kindredgroup.com
Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

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