KLDiscovery (KLDiscovery) Interest Expense : $-68.5 Mil (TTM As of Mar. 2024)

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What is KLDiscovery Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. KLDiscovery's interest expense for the three months ended in Mar. 2024 was $ -17.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-68.5 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. KLDiscovery's Operating Income for the three months ended in Mar. 2024 was $ 1.0 Mil. KLDiscovery's Interest Expense for the three months ended in Mar. 2024 was $ -17.5 Mil. KLDiscovery's Interest Coverage for the quarter that ended in Mar. 2024 was 0.05. 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.

KLDiscovery Interest Expense Historical Data

The historical data trend for KLDiscovery'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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KLDiscovery Interest Expense Chart

KLDiscovery Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-48.38

-50.66

-50.40

-54.65

-66.74

KLDiscovery Quarterly Data
	Jun19	Sep19	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															-15.77	-16.19	-17.24	-17.55	-17.51

KLDiscovery 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 $-68.5 Mil.

KLDiscovery (OTCPK:KLDI) 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.

KLDiscovery's Interest Expense for the three months ended in Mar. 2024 was $-17.5 Mil. Its Operating Income for the three months ended in Mar. 2024 was $1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $6.7 Mil.

KLDiscovery'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	*	0.957	/	-17.508
	=	0.05

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. KLDiscovery Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

KLDiscovery (KLDiscovery) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » KLDiscovery Inc (OTCPK:KLDI) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

9023 Columbine Road, Eden Prairie, MN, USA, 55347

Website

https://www.kldiscovery.com

KLDiscovery Inc is a provider of technology-enabled services and software to help law firms, corporations, government agencies, and consumers solve complex data challenges. The company is engaged in providing technology-based litigation support solutions and services.

Executives

Arjun Shah	director	C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Lauren Tanenbaum	director	C/O KLDISCOVERY INC., 8201 GREENSBORO DR., SUITE 300, MCLEAN VA 22102
Jonathan J Ledecky	director	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Prior Lawrence B Iii	director	10260 CAMPUS POINT DRIVE, M/S 1-4-1, SAN DIEGO CA 92121
Ian Fujiyama	director	CARLYLE GROUP, 1001 PENNSYLVANIA AVE NW, SUITE 220S, WASHINGTON DC 20004
Cg Subsidiary Holdings L.l.c.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Evan B Morgan	director	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Donna S Morea	director	214 N TRYON STREET, CHARLOTTE NC 28202
Dawn M. Wilson	officer: Chief Financial Officer	C/O KLDISCOVERY, 8201 GREENSBORO DRIVE, SUITE 300, MCLEAN VA 22102
Krystina L. Jones	officer: EVP, Global Sales & Marketing	C/O KLDISCOVERY, 8201 GREENBORO DRIVE, SUITE 300, MCLEAN VA 22102
Richard J Williams	director	125 HIGH STREET, 26TH FLOOR, BOSTON MA 02110
Greg Racz	director, 10 percent owner, other: See remarks	C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022
Mgg Investment Group Lp	director, 10 percent owner, other: See remarks	ONE PENN PLAZA, 53RD FLOOR, NEW YORK NY 10119
Ceof Ii Coinvestment (de), L.p.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Ceof Ii De I Aiv, L.p.	10 percent owner	C/O THE CARLYLE GROUP, SUITE 220 SOUTH, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004