Proterra (Proterra) Interest Expense : $-21.6 Mil (TTM As of Sep. 2023)

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What is Proterra Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Proterra's interest expense for the three months ended in Sep. 2023 was $ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-21.6 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. Proterra's Operating Income for the three months ended in Sep. 2023 was $ -59.8 Mil. Proterra's Interest Expense for the three months ended in Sep. 2023 was $ -0.7 Mil. Proterra 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.

Proterra Interest Expense Historical Data

The historical data trend for Proterra'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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Proterra Interest Expense Chart

Proterra Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-4.15

-15.65

-52.72

-30.21

Proterra Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial										-7.82	-7.91	-7.97	-5.06	-0.66

Proterra 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.6 Mil.

Proterra (OTCPK:PTRAQ) 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.

Proterra's Interest Expense for the three months ended in Sep. 2023 was $-0.7 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-59.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $19.5 Mil.

Proterra's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Proterra did not have earnings to cover the interest expense.

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

Proterra (Proterra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Proterra Inc (OTCPK:PTRAQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1815 Rollins Road, Burlingame, CA, USA, 94010

Website

https://www.proterra.com

Proterra Inc is a developer and producer of zero-emission electric vehicle and EV technology solutions for commercial applications. The company designs, develops, manufactures, and sells electric transit buses as an original equipment manufacturer for North American public transit agencies, airports, universities, and other commercial transit fleets. It also designs, develops, manufactures, sells, and integrates proprietary battery systems and electrification solutions for commercial vehicle manufacturers. Additionally, Proterra provides fleet-scale, high-power charging solutions for its customers. Geographically, it derives a majority of its revenue from the United States.

Executives

Gareth T Joyce	director, officer: CEO and President	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeffrey Donald Embt	officer: Chief Accounting Officer	7330 SANTORINI LANE, CHARLOTTE NC 28277
Christopher L Bailey	officer: President, Powered & Energy	C/O PROTERRA INC., 1815 ROLLINS ROAD, BURLINGAME CA 94010
Julian R Soell	officer: President, Proterra Transit	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
David S Black	officer: Chief Financial Officer	800 MAIN STREET, LYNCHBURG VA 24504
Joann Covington	officer: Chief Legal Officer, Secy	PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Karina F Padilla	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jan Hauser	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nielsen M Roger	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Mary L Krakauer	director	176 SOUTH STREET, HOPKINTON MA 01748
Andrew J Cederoth	officer: Interim CFO	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joshua P Ensign	officer: Chief Operating Officer	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeannine P Sargent	director	C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Michael David Smith	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joan Robinson-berry	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175