AppLovin (FRA:6RV) Interest Expense : €-255 Mil (TTM As of Mar. 2024)

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What is AppLovin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AppLovin's interest expense for the three months ended in Mar. 2024 was € -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-255 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. AppLovin's Operating Income for the three months ended in Mar. 2024 was € 312 Mil. AppLovin's Interest Expense for the three months ended in Mar. 2024 was € -68 Mil. AppLovin's Interest Coverage for the quarter that ended in Mar. 2024 was 4.58. 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.

AppLovin Interest Expense Historical Data

The historical data trend for AppLovin'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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AppLovin Interest Expense Chart

AppLovin Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-66.56

-64.01

-91.31

-162.24

-252.79

AppLovin Quarterly Data
	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													-69.59	-47.06	-73.63	-65.64	-68.25

AppLovin 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 €-255 Mil.

AppLovin (FRA:6RV) 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.

AppLovin's Interest Expense for the three months ended in Mar. 2024 was €-68 Mil. Its Operating Income for the three months ended in Mar. 2024 was €312 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €3,211 Mil.

AppLovin'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	*	312.394	/	-68.247
	=	4.58

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

AppLovin (FRA:6RV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppLovin Corp (FRA:6RV) » Definitions » Interest Expense

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Traded in Other Exchanges

APP:USA 6RV:Germany

Address

1100 Page Mill Road, Palo Alto, CA, USA, 94304

Website

https://www.applovin.com

AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their application.

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