Good Gamer Entertainment (TSXV:GOOD) Interest Expense : C$-0.01 Mil (TTM As of Dec. 2023)

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What is Good Gamer Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Good Gamer Entertainment's interest expense for the three months ended in Dec. 2023 was C$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.01 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. Good Gamer Entertainment's Operating Income for the three months ended in Dec. 2023 was C$ -0.14 Mil. Good Gamer Entertainment's Interest Expense for the three months ended in Dec. 2023 was C$ -0.01 Mil. Good Gamer Entertainment 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.

Good Gamer Entertainment Interest Expense Historical Data

The historical data trend for Good Gamer Entertainment'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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Good Gamer Entertainment Interest Expense Chart

Good Gamer Entertainment Annual Data

Trend

Dec20

Dec21

Mar22

Mar23

Interest Expense

-0.04

-0.02

-0.01

Good Gamer Entertainment Quarterly Data
	Sep20	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-	-	-0.01	-	-0.01

Good Gamer Entertainment 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 C$-0.01 Mil.

Good Gamer Entertainment (TSXV:GOOD) 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.

Good Gamer Entertainment's Interest Expense for the three months ended in Dec. 2023 was C$-0.01 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was C$0.00 Mil.

Good Gamer Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Good Gamer Entertainment did not have earnings to cover the interest expense.

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

Good Gamer Entertainment (TSXV:GOOD) Business Description

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GGAMF:USA

Address

700 W Pender Streets, Suite 1290, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.goodgamer.ca

Good Gamer Entertainment Inc operates an online play-to-earn game discovery and entertainment platform in Canada and the United States. offers a premium real-money skill-based gaming tournament management platform that offers a win-win for gamers and developers. The Company will have the following reportable segments: display advertisements, non-fungible tokens (NFTs), search monetization, chrome extensions, corporate and development, tournament management platform (TMP), PlayCash, and Fantasy app. The majority of its revenue generates from the NFT segment. It also offers gamers the opportunity to play their favorite mobile games and win real cash prizes. Geographically it operates in USA and India.