What is GoodRx Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GoodRx Holdings's interest expense for the
three
months ended in Mar. 2024 was $ -14.6 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-58.2 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. GoodRx Holdings's Operating Income for the
three
months ended in Mar. 2024 was $ 7.4 Mil. GoodRx Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $ -14.6 Mil.
GoodRx Holdings's Interest Coverage for the quarter that ended in Mar. 2024 was 0.50.
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.
GoodRx Holdings 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 $-58.2 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.
GoodRx Holdings (NAS:GDRX) 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.
GoodRx Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $-14.6 Mil. Its
Operating Income
for the
three
months ended in Mar. 2024 was $7.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Mar. 2024 was $698.0 Mil.
GoodRx Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
* 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.
GoodRx Holdings (GoodRx Holdings) Business Description
Traded in Other Exchanges
N/A
Address
2701 Olympic Boulevard, Santa Monica, CA, USA, 90404
GoodRx Holdings Inc is a consumer-focused digital healthcare platform that aims to lower the cost of healthcare in the United States. It operates a price comparison platform that provides consumers with curated, geographically relevant prescription pricing, and provides access to negotiated prices through codes that can be used to save money on prescriptions across the United States. GoodRx generates revenue from core business from pharmacy benefit managers (PBMs) that manage formularies and prescription transactions including establishing pricing between consumers and pharmacies. It also offers other healthcare products and services, including pharma manufacturer solutions, subscriptions, and telehealth services.
Executives
| Scott Wagner |
officer: Interim Chief Executive Office |
C/O WILSON SONSINI GOODRICH AND ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304 |
| Raj Beri |
officer: Chief Operating Officer |
C/O GOODRX HOLDINGS, INC., 2701 OLYMPIC BOULEVARD, SANTA MONICA CA 90404 |
| Romin Nabiey |
officer: Chief Accounting Officer |
C/O GOODRX HOLDINGS, INC., 2701 OLYMPIC BOULEVARD, SANTA MONICA CA 90404 |
| Andrew Slutsky |
officer: President & Consumer |
233 WILSHIRE ROAD, SANTA MONICA CA 90410 |
| Idea Men, Llc |
10 percent owner |
2701 OLYMPIC BOULEVARD, WEST BUILDING - SUITE 200, SANTA MONICA CA 90404 |
| Karsten Voermann |
officer: Chief Financial Officer |
233 WILSHIRE ROAD, SANTA MONICA CA 90410 |
| Trevor Bezdek |
director, officer: Co-CEO |
233 WILSHIRE ROAD, SANTA MONICA CA 90410 |
| Abdiel Qualified Master Fund Lp |
10 percent owner |
90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016 |
| Douglas Joseph Hirsch |
director, officer: Co-CEO |
233 WILSHIRE ROAD, SANTA MONICA CA 90410 |
| Babak Azad |
officer: See Remarks |
233 WILSHIRE ROAD, SANTA MONICA CA 90410 |
| Bansi Nagji |
officer: President, Healthcare |
MCKESSON CORPORATION, 6555 STATE HIGHWAY 161, IRVING TX 75039 |
| Agnes Rey-giraud |
director |
|
| Abdiel Capital Lp |
10 percent owner |
C/O ABDIEL CAPITAL ADVISORS, LP, 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016 |
| Abdiel Capital Advisors, Lp |
10 percent owner |
90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016 |
| Abdiel Capital Management, Llc |
10 percent owner |
90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016 |
GoodRx Holdings (GoodRx Holdings) Headlines
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