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Madmind Studio (WAR:MMS) Interest Expense : zł-0.11 Mil (TTM As of Mar. 2024)


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What is Madmind Studio Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Madmind Studio's interest expense for the three months ended in Mar. 2024 was zł -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was zł-0.11 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. Madmind Studio's Operating Income for the three months ended in Mar. 2024 was zł 0.02 Mil. Madmind Studio's Interest Expense for the three months ended in Mar. 2024 was zł -0.01 Mil. Madmind Studio's Interest Coverage for the quarter that ended in Mar. 2024 was 4.00. 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.


Madmind Studio Interest Expense Historical Data

The historical data trend for Madmind Studio'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.

Madmind Studio Interest Expense Chart

Madmind Studio Annual Data
Trend Dec21 Dec22
Interest Expense
-0.09 -

Madmind Studio Quarterly Data
Jun20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - -0.06 -0.06 -0.04 -0.01

Madmind Studio 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 zł-0.11 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.


Madmind Studio  (WAR:MMS) 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.

Madmind Studio's Interest Expense for the three months ended in Mar. 2024 was zł-0.01 Mil. Its Operating Income for the three months ended in Mar. 2024 was zł0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was zł0.00 Mil.

Madmind Studio'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*0.024/-0.006
=4.00

* 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.


Madmind Studio (WAR:MMS) Business Description

Traded in Other Exchanges
N/A
Address
ul. Grunwaldzka 229, Bydgoszcz, POL, 85-451
Madmind Studio SA is a video game development company. The studio comprises veteran game developers, who have worked on AAA titles such as The Division, Witcher 3, Sniper: Ghost Warrior 2, Alien Rage, Enemy Front, Real Boxing 2, Godfire: Rise of the Prometheus, and more.