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Jumia Technologies AG (LTS:0A44) Interest Expense : $-30.8 Mil (TTM As of Mar. 2024)


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What is Jumia Technologies AG Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jumia Technologies AG's interest expense for the three months ended in Mar. 2024 was $ -32.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-30.8 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. Jumia Technologies AG's Operating Income for the three months ended in Mar. 2024 was $ -8.3 Mil. Jumia Technologies AG's Interest Expense for the three months ended in Mar. 2024 was $ -32.6 Mil. Jumia Technologies AG 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.

Jumia Technologies AG Interest Expense Historical Data

The historical data trend for Jumia Technologies AG'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.

Jumia Technologies AG Interest Expense Chart

Jumia Technologies AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -1.47 -1.58 -1.61 -1.72 -2.17

Jumia Technologies AG 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.93 -11.69 -4.80 18.25 -32.60

Jumia Technologies AG 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 $-30.8 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.

Jumia Technologies AG  (LTS:0A44) 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.

Jumia Technologies AG's Interest Expense for the three months ended in Mar. 2024 was $-32.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-8.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $2.2 Mil.

Jumia Technologies AG's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Jumia Technologies AG 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.

Jumia Technologies AG (LTS:0A44) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jumia Technologies AG (LTS:0A44) » Definitions » Interest Expense
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Traded in Other Exchanges
JMIA:USA JMIA:Mexico 4JMA:Germany JMIA:Austria
Address
Skalitzer Strasse 104, Berlin, BB, DEU, 10997
Website
https://www.group.jumia.com
Jumia Technologies AG is the pan-African e-commerce platform. The company's platform consists of a marketplace, which connects sellers with consumers. Its logistics service enables the shipment and delivery of packages from sellers to consumers, and the company's payment service facilitates transactions among participants active on its platform in selected markets. Jumia generates revenue from Sales of goods, Commissions, Fulfillment, Value-added services, and Marketing & Advertising. Its geographical segments are West Africa, North Africa, East & South Africa, Europe, and United Arab Emirates. The firm generates majority of its revenue from the West Africa segment.

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