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8x8 (FRA:EGT) Interest Expense : €-36.8 Mil (TTM As of Mar. 2024)


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What is 8x8 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 8x8's interest expense for the three months ended in Mar. 2024 was € -8.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-36.8 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. 8x8's Operating Income for the three months ended in Mar. 2024 was € -13.1 Mil. 8x8's Interest Expense for the three months ended in Mar. 2024 was € -8.9 Mil. 8x8 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.

8x8 Interest Expense Historical Data

The historical data trend for 8x8'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.

8x8 Interest Expense Chart

8x8 Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -15.72 -20.59 -25.47 -36.64

8x8 Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.30 -9.30 -9.43 -9.20 -8.88

8x8 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 €-36.8 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.

8x8  (FRA:EGT) 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.

8x8's Interest Expense for the three months ended in Mar. 2024 was €-8.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-13.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €429.0 Mil.

8x8's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

8x8 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.

8x8 (FRA:EGT) Business Description

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EGHT:USA EGT:Germany
Address
675 Creekside Way, Campbell, CA, USA, 95008
Website
https://www.8x8.com
8x8 Inc provides contact-center-as-a-service and unified-communications-as-a-service software applications to approximately 2.5 million users. The company's unified platform enables omnichannel communication to assist employees in communicating across voice, video, text, chat, and contact centers. Geographically, it derives a majority of revenue from the United States.