Katapult Holdings (Katapult Holdings) Interest Expense : $-17.8 Mil (TTM As of Dec. 2023)

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What is Katapult Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Katapult Holdings's interest expense for the three months ended in Dec. 2023 was $ -4.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.8 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. Katapult Holdings's Operating Income for the three months ended in Dec. 2023 was $ -7.2 Mil. Katapult Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -4.3 Mil. Katapult 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.

Katapult Holdings Interest Expense Historical Data

The historical data trend for Katapult Holdings'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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Katapult Holdings Interest Expense Chart

Katapult Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-8.58

-13.59

-16.49

-19.26

-17.82

Katapult Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial											-5.50	-5.19	-4.10	-4.26	-4.27

Katapult 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.8 Mil.

Katapult Holdings (NAS:KPLT) 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.

Katapult Holdings's Interest Expense for the three months ended in Dec. 2023 was $-4.3 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-7.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $86.5 Mil.

Katapult Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Katapult Holdings did not have earnings to cover the interest expense.

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

Katapult Holdings (Katapult Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Katapult Holdings Inc (NAS:KPLT) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

5204 Tennyson Parkway, Suite 500, Plano, TX, USA, 75024

Website

https://www.katapult.com

Katapult Holdings Inc is a technology driven lease-to-own platform that integrates with omni-channel retailers and e-commerce platforms to power the purchase of everyday durable goods for underserved U.S. non-prime consumers. It is an eCommerce-focused FinTech company offering an innovative lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.

Executives

Orlando Zayas	director, officer: Chief Executive Officer	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Chandan Chopra	officer: CHIEF TECHNOLOGY OFFICER	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Bruce Taragin	director	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Nancy A Walsh	officer: Chief Financial Officer	LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Jane J. Thompson	director	628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Brian Hirsch	director	C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Lee Einbinder	director, officer: CEO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fangqui Sun	officer: CHIEF RISK OFFICER	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Karissa Cupito	officer: Chief Financial Officer	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Joyce Ann Phillips	director	1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Curo Financial Technologies Corp.	director, 10 percent owner	3615 N. RIDGE ROAD, WICHITA KS 67205
Donald Gayhardt	director	DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
Christopher A Masto	director	C/O FREIDMAN FLEISCHER & LOWE, ONE MARITIME PLZ 10TH PLZ, SAN FRANCISCO CA 94111
Christopher Towers	officer: CHIEF ACCOUNTING OFFICER	1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Maloney Tahmineh	officer: GENERAL COUNSEL	5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024