Udemy (UDMY) Interest Expense : $-0.2 Mil (TTM As of Mar. 2024)

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What is Udemy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Udemy's interest expense for the three months ended in Mar. 2024 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.2 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. Udemy's Operating Income for the three months ended in Mar. 2024 was $ -22.7 Mil. Udemy's Interest Expense for the three months ended in Mar. 2024 was $ -0.0 Mil. Udemy 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.

Udemy Interest Expense Historical Data

The historical data trend for Udemy'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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Udemy Interest Expense Chart

Udemy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.15

-0.22

-1.25

-0.52

Udemy Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-0.39	-	-0.12	-0.05	-

Udemy 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 $-0.2 Mil.

Udemy (NAS:UDMY) 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.

Udemy's Interest Expense for the three months ended in Mar. 2024 was $-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-22.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0.9 Mil.

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

Udemy did not have earnings to cover the interest expense.

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

Udemy (UDMY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Udemy Inc (NAS:UDMY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

7WH:Germany

Address

600 Harrison Street, 3rd Floor, San Francisco, CA, USA, 94107

Website

https://www.udemy.com

Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The Company operated under two operating and reportable segments Consumer and Enterprise.

Executives

Venu Venugopal	officer: Chief Technology Officer	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Eren Bali	director	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Kenneth Hirschman	officer: SVP, Operations and GC	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Gregory Scott Brown	officer: President, Udemy Business	C/O BLACKHAWK NETWORK HOLDINGS, INC., 6220 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Sarah Blanchard	officer: Chief Financial Officer	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Stephanie Stapleton Sudbury	officer: President, Udemy Business	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Richard Qiu	officer: President, New Ventures	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Prasad Raje	officer: Chief Product Officer	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Sohaib Abbasi	director	100 EAST DAVIE STREET, RALEIGH NC 27601
Genefa Murphy	officer: Chief Marketing Officer	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Jeffrey Lieberman	director, 10 percent owner	680 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Prasad Gune	officer: SVP, Product	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Llibert Argerich	officer: SVP, Marketing	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107
Gregg Coccari	director, officer: President, CEO and Chairperson	719 KINGMAN AVENUE, SANTA MONICA CA 90402
Karen Fascenda	officer: Chief People Officer	600 HARRISON STREET, 3RD FLOOR, SAN FRANCISCO CA 94107