What is Kore Group Holdings Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kore Group Holdings's interest expense for the
three
months ended in Mar. 2024 was $ -12.9 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-46.0 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. Kore Group Holdings's Operating Income for the
three
months ended in Mar. 2024 was $ -7.4 Mil. Kore Group Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $ -12.9 Mil.
Kore Group Holdings 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.
Kore Group 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 $-46.0 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.
Kore Group Holdings (NYSE:KORE) 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.
Kore Group Holdings's Interest Expense for the
three
months ended in Mar. 2024 was $-12.9 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 $305.4 Mil.
Kore Group Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
| Kore Group Holdings 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.
Kore Group Holdings (Kore Group Holdings) Business Description
Traded in Other Exchanges
N/A
Address
3 Ravinia Dr, Suite 500, Alpharetta, GA, USA, 30346
Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions).
Executives
| Romil Bahl |
director, officer: Chief Executive Officer |
3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
| Jason Dietrich |
officer: EVP, Chief Rev. Officer |
3 RAVINIA DRIVE NE, SUITE 500, ATLANTA GA 30346 |
| Twilio Inc |
10 percent owner |
101 SPEAR STREET, SUITE 500, San Francisco CA 94105 |
| Robert P Macinnis |
director |
C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022 |
| Tomer Yosef-or |
director |
C/O ABRY BROADCAST PARTNERS, 111 HUNTINGTON AVE., 30TH FLOOR, BOSTON MA 02199 |
| Kennedy Jack William Jr. |
officer: See Remarks |
1871 ASPEN DR NE, ATLANTA GA 30345 |
| Tushar K. Sachdev |
officer: See Remarks |
600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339 |
| Paul Holtz |
officer: See Remarks |
C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022 |
| Wood River Capital, Llc |
10 percent owner |
4111 E. 37TH STREET N, WICHITA KS 67220 |
| James E Geisler |
director |
2087 BRIDGEPORT DR, LEXINGTON KY 40502 |
| Paulett Eberhart |
director |
C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121 |
| Mark A Neporent |
director |
C/O CERBERUS PARTNERS LP, 450 PARK AVENUE 28TH FLOOR, NEW YORK NY 10022 |
| Louise P Winstone |
officer: See Remarks |
3700 MANSELL RD., SUITE 300, ALPHARETTA GA 30022 |
| R Michael Thurston |
officer: See Remarks |
1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309 |
| Koch Industries Inc |
10 percent owner |
4111 EAST 37TH STREET NORTH, WICHITA KS 67220 |
Kore Group Holdings (Kore Group Holdings) Headlines
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