Uber Technologies (LTS:0A1U) Interest Expense : $-589 Mil (TTM As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Uber Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Uber Technologies's interest expense for the three months ended in Mar. 2024 was $ -124 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-589 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. Uber Technologies's Operating Income for the three months ended in Mar. 2024 was $ 172 Mil. Uber Technologies's Interest Expense for the three months ended in Mar. 2024 was $ -124 Mil. Uber Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 1.39. 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.

Uber Technologies Interest Expense Historical Data

The historical data trend for Uber Technologies'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.

Uber Technologies Interest Expense Chart

Uber Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-559.00

-458.00

-483.00

-565.00

-633.00

Uber Technologies 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															-168.00	-144.00	-166.00	-155.00	-124.00

Uber Technologies 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 $-589 Mil.

Uber Technologies (LTS:0A1U) 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.

Uber Technologies's Interest Expense for the three months ended in Mar. 2024 was $-124 Mil. Its Operating Income for the three months ended in Mar. 2024 was $172 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $10,977 Mil.

Uber Technologies'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	*	172	/	-124
	=	1.39

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

Uber Technologies (LTS:0A1U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Uber Technologies Inc (LTS:0A1U) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

UBER:USA UBER:Mexico 1UBER:Italy UT8d:UK UT8:Germany UBER:Canada U1BE34:Brazil UBER:Austria

Address

1515 3rd Street, San Francisco, CA, USA, 94158

Website

https://www.uber.com

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 131 million users that order rides or food at least once a month. Approximately 44% of its gross revenue comes from ridesharing and 34% from food delivery.

Uber Technologies (LTS:0A1U) Headlines

No Headlines