MeridianLink (MeridianLink) Interest Expense : $-38.7 Mil (TTM As of Mar. 2024)

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What is MeridianLink Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MeridianLink's interest expense for the three months ended in Mar. 2024 was $ -9.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-38.7 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. MeridianLink's Operating Income for the three months ended in Mar. 2024 was $ 6.5 Mil. MeridianLink's Interest Expense for the three months ended in Mar. 2024 was $ -9.6 Mil. MeridianLink's Interest Coverage for the quarter that ended in Mar. 2024 was 0.68. 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.

MeridianLink Interest Expense Historical Data

The historical data trend for MeridianLink'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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MeridianLink Interest Expense Chart

MeridianLink Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-38.05

-34.69

-32.62

-24.23

-38.16

MeridianLink Quarterly Data
	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													-9.03	-9.32	-9.78	-10.03	-9.58

MeridianLink 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 $-38.7 Mil.

MeridianLink (NYSE:MLNK) 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.

MeridianLink's Interest Expense for the three months ended in Mar. 2024 was $-9.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $6.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $419.1 Mil.

MeridianLink'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	*	6.543	/	-9.582
	=	0.68

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

MeridianLink (MeridianLink) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MeridianLink Inc (NYSE:MLNK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3560 Hyland Avenue, Suite 200, Costa Mesa, CA, USA, 92626

Website

https://www.meridianlink.com

MeridianLink Inc is a cloud-based software solution for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies. It generates maximum revenue from Lending Software Solutions.

Executives

Sean W Blitchok	officer: Chief Financial Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Edward H Mcdermott	director	60 E. SIR FRANCIS DRAKE BLVD., SUITE 300, LARKSPUR CA 94939
Cowan Cody	director	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chris Maloof	officer: President, Go To Market	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Mark Sachleben	director	C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Duston Williams	director	C/O NUTANIX, INC., 1740 TECHNOLOGY DRIVE, SUITE 150, SAN JOSE CA 95110
Alan R. Arnold	officer: Chief Operating Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Yael Zheng	director	345 ENCINAL STREET, SANTA CRUZ CA 95060
Reema Poddar	director	1600 SUNFLOWER AVENUE, #200, COSTA MESA CA 92626
Timothy Nguyen	director, officer: Chief Strategy Officer	PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626
Paul Andrew Zuber	director	C/O HOULIHAN LOKEY, INC., 10250 CONSTELLATION BLVD., 5TH FLOOR, LOS ANGELES CA 90067
Nicolaas Vlok	director, officer: Chief Executive Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Chad H. Martin	officer: Chief Financial Officer	MERIDIANLINK, INC., 3560 HYLAND AVENUE, SUITE 200, COSTA MESA CA 92626
Thoma Bravo Discover Fund Ii, L.p.	10 percent owner	300 NORTH LASALLE STREET, SUITE 4350, CHICAGO IL 60654
Arthur J. Rohde	director	PROJECT ANGEL PARENT, LLC, 1600 SUNFLOWER AVENUE, SUITE #200, COSTA MESA CA 92626