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Planet Labs PBC (Planet Labs PBC) Interest Expense : $0.00 Mil (TTM As of Jan. 2024)


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What is Planet Labs PBC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Planet Labs PBC's interest expense for the three months ended in Jan. 2024 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $0.00 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. Planet Labs PBC's Operating Income for the three months ended in Jan. 2024 was $ -33.92 Mil. Planet Labs PBC's Interest Expense for the three months ended in Jan. 2024 was $ 0.00 Mil. GuruFocus does not calculate Planet Labs PBC's interest coverage with the available data. 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.


Planet Labs PBC Interest Expense Historical Data

The historical data trend for Planet Labs PBC'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.

Planet Labs PBC Interest Expense Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24
Interest Expense
-6.95 -9.45 -8.77 - -

Planet Labs PBC Quarterly Data
Jan20 Jul20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Planet Labs PBC 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Planet Labs PBC  (NYSE:PLWS) 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.

Planet Labs PBC's Interest Expense for the three months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-33.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $16.95 Mil.

Planet Labs PBC's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

GuruFocus does not calculate Planet Labs PBC's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Planet Labs PBC has enough cash to cover all of its debt. Its financial situation is stable.


Planet Labs PBC (Planet Labs PBC) Business Description

Traded in Other Exchanges
Address
645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.