Micromobility com (FRA:GR90) Interest Expense : €-4.78 Mil (TTM As of Mar. 2024)

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What is Micromobility com Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Micromobility com's interest expense for the three months ended in Mar. 2024 was € -0.80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-4.78 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. Micromobility com's Operating Income for the three months ended in Mar. 2024 was € -2.13 Mil. Micromobility com's Interest Expense for the three months ended in Mar. 2024 was € -0.80 Mil. Micromobility com 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.

Micromobility com Interest Expense Historical Data

The historical data trend for Micromobility com'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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Micromobility com Interest Expense Chart

Micromobility com Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.84

-3.80

-6.74

-5.51

Micromobility com Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-1.59	-1.72	-1.00	-1.26	-0.80

Micromobility com 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 €-4.78 Mil.

Micromobility com (FRA:GR90) 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.

Micromobility com's Interest Expense for the three months ended in Mar. 2024 was €-0.80 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-2.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €0.62 Mil.

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

Micromobility com did not have earnings to cover the interest expense.

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

Micromobility com (FRA:GR90) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Micromobility com Inc (FRA:GR90) » Definitions » Interest Expense

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Traded in Other Exchanges

MCOM:USA

Address

32 Old Slip, Suite 32C, New York, NY, USA, 10005

Website

https://www.micromobility.com

Micromobility com Inc provides electric micro-mobility services. The company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform around the world. The company has two reportable segments which are Mobility and Media. It has its geographic presence in Italy, United States and Other countries.

Micromobility com (FRA:GR90) Headlines

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