SoFi Technologies (SoFi Technologies) Interest Expense : $ Mil (TTM As of Jul. 2020)

View and export this data going back to 2020. Start your Free Trial

What is SoFi Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SoFi Technologies's interest expense for the six months ended in Jul. 2020 was $ 0.00 Mil. SoFi Technologies does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jul. 2020.

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. SoFi Technologies's Operating Income for the six months ended in Jul. 2020 was $ 0.00 Mil. SoFi Technologies's Interest Expense for the six months ended in Jul. 2020 was $ 0.00 Mil. SoFi Technologies has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

SoFi Technologies Interest Expense Historical Data

The historical data trend for SoFi Technologies'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.

SoFi Technologies Interest Expense Chart

SoFi Technologies Annual Data

Trend

Dec20

Interest Expense

SoFi Technologies Semi-Annual Data
	Jul20
Interest Expense	-

SoFi Technologies Interest Expense Calculation

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

SoFi Technologies (NAS:SOFI) 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.

SoFi Technologies's Interest Expense for the six months ended in Jul. 2020 was $0.00 Mil. Its Operating Income for the six months ended in Jul. 2020 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jul. 2020 was $0.00 Mil.

SoFi Technologies's Interest Coverage for the quarter that ended in Jul. 2020 is calculated as

SoFi Technologies had no long-term debt ⁽¹⁾.

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

SoFi Technologies (SoFi Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SoFi Technologies Inc (NAS:SOFI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

https://www.sofi.com

SoFi Technologies Inc helps people achieve financial independence to realize their ambitions. Its products include SoFi Money, SoFi Invest, Student Loan Refinancing, Private Student Loans, Personal Loans, Home Loans, SoFi Relay, SoFi Protect among others. The company's product gives over two million members fast access to tools to get their money right. SoFi membership comes with the key essentials for getting ahead, including career advisors and connection to a thriving community of like-minded, ambitious people.