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PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Interest Expense : Rp-415,576 Mil (TTM As of Mar. 2024)


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What is PT Goto Gojek Tokopedia Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Goto Gojek Tokopedia Tbk's interest expense for the three months ended in Mar. 2024 was Rp -127,853 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-415,576 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. PT Goto Gojek Tokopedia Tbk's Operating Income for the three months ended in Mar. 2024 was Rp -941,969 Mil. PT Goto Gojek Tokopedia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -127,853 Mil. PT Goto Gojek Tokopedia Tbk 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.

PT Goto Gojek Tokopedia Tbk Interest Expense Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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.

PT Goto Gojek Tokopedia Tbk Interest Expense Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -43,906.00 -154,615.00 -216,448.00 -193,271.00 -357,777.00

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec18 Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only -70,054.00 -87,543.00 -75,404.00 -124,776.00 -127,853.00

PT Goto Gojek Tokopedia Tbk 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 Rp-415,576 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.

PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) 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.

PT Goto Gojek Tokopedia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-127,853 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp-941,969 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp3,228,264 Mil.

PT Goto Gojek Tokopedia Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

PT Goto Gojek Tokopedia Tbk did not have earnings to cover the interest expense.

* 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.

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Goto Gojek Tokopedia Tbk (ISX:GOTO) » Definitions » Interest Expense
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Traded in Other Exchanges
CK8:Germany
Address
Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
Website
https://www.gotocompany.com
GoTo is an Indonesian ecosystem that combines e-commerce, ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021. The company has 64 million active paying users and 12 million merchants as of 2022 on its platform. In 2022, on-demand accounted for 55% of revenue, e-commerce for 37%, and financial services for 8%. However, 82% of nonfinancial services gross transactional value comes from e-commerce, as it is the focal point in the ecosystem. The company competes with giants such as Sea-backed Shopee, Alibaba's Lazada, and smaller peers such as Bukalapak in e-commerce—and with Grab in the ride-hailing and delivery business.

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