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Urgently (Urgently) Interest Expense : $-40.0 Mil (TTM As of Mar. 2024)


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What is Urgently Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Urgently's interest expense for the three months ended in Mar. 2024 was $ -4.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-40.0 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. Urgently's Operating Income for the three months ended in Mar. 2024 was $ -8.3 Mil. Urgently's Interest Expense for the three months ended in Mar. 2024 was $ -4.2 Mil. Urgently 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.


Urgently Interest Expense Historical Data

The historical data trend for Urgently'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.

Urgently Interest Expense Chart

Urgently Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-3.71 -31.45 -46.80

Urgently Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.95 -13.22 -15.44 -7.19 -4.15

Urgently 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 $-40.0 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.


Urgently  (NAS:ULY) 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.

Urgently's Interest Expense for the three months ended in Mar. 2024 was $-4.2 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 $1.9 Mil.

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

Urgently 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.


Urgently (Urgently) Business Description

Traded in Other Exchanges
N/A
Address
8609 Westwood Center Drive, Suite 810, Vienna, VA, USA, 22182
Urgent.ly Inc is a leading connected mobility assistance software platform, matching vehicle owners and operators with service professionals who deliver traditional roadside assistance, proactive maintenance and repair services. The traditional experience of a vehicle breakdown is often stressful and inconvenient, compounded by processes that lack transparency and lead to long wait times. Urgently offers an innovative alternative to this traditional experience, leveraging its digitally native software platform to match supply and demand in its network and deliver exceptional mobility assistance experiences at scale.
Executives
Volkow Ben director 16 ABBA EBAN BLVD., HERZLIYA PITUACH L3 467256
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Timothy C. Huffmyer officer: Chief Financial Officer 1000 PARK DRIVE, LAWRENCE PA 15055
James M Micali director C/O SONOCO PRODUCTS COMPANY, 1 NORTH SECOND STREET, HARTSVILLE SC 29550
Gina Domanig director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Ryan Pollock director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Matthew Booth director, officer: Chief Executive Officer 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182
Suzie Doran director 8609 WESTWOOD CENTER DR STE 810, VIENNA VA 22182