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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. New Relic's interest expense for the three months ended in Sep. 2023 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.9 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. New Relic's Operating Income for the three months ended in Sep. 2023 was $ -20.5 Mil. New Relic's Interest Expense for the three months ended in Sep. 2023 was $ -0.0 Mil. New Relic 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.
The historical data trend for New Relic'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.
New Relic Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Interest Expense | Get a 7-Day Free Trial | -19.68 | -23.70 | -24.90 | -4.92 | -4.94 |
New Relic Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Interest Expense | Get a 7-Day Free Trial | -1.23 | -1.28 | -1.20 | -0.43 | -0.02 |
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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.9 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.
New Relic (NYSE:NEWR) 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.
New Relic's Interest Expense for the three months ended in Sep. 2023 was $-0.0 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-20.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $33.5 Mil.
New Relic's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as
New Relic 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.
Thomas J. Lloyd | officer: Chief Legal Officer, Corp Secy | C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
Mark Dodds | officer: Chief Revenue Officer | C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
William Staples | officer: Chief People Officer | C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105 |
David Barter | officer: Chief Financial Officer | C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063 |
Lewis Cirne | director, officer: CEO | C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105 |
Kristy Friedrichs | officer: Chief Operating Officer | C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
Jana Partners Llc | director, other: See Remarks | 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
Radhakrishnan Mahendran | director | C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
Mark Sachleben | officer: Chief Financial Officer | C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105 |
Steve Hurn | officer: EVP, Worldwide Sales | C/O NEW RELIC, INC., 188 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
Susan Donner Arthur | director | 11000 OPTUM CIRCLE, EDEN PRAIRIE MN 55344 |
Kevin G. Galligan | director | C/O JANA PARTNERS LLC, 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153 |
Phalachandra Bhat | director | C/O NEW RELIC, INC., 388 SPEAR STREET, SUITE 1000, SAN FRANCISCO CA 94105 |
Takeshi Numoto | director | C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1000, SAN FRANCISCO CA 94105 |
David J Henshall | director | 18880 HOMESTEAD ROAD, CUPERTINO CA 95014 |
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