ThredUp (ThredUp) Interest Expense : $-2.8 Mil (TTM As of Mar. 2024)

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What is ThredUp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ThredUp's interest expense for the three months ended in Mar. 2024 was $ -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.8 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. ThredUp's Operating Income for the three months ended in Mar. 2024 was $ -16.7 Mil. ThredUp's Interest Expense for the three months ended in Mar. 2024 was $ -0.7 Mil. ThredUp 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.

ThredUp Interest Expense Historical Data

The historical data trend for ThredUp'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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ThredUp Interest Expense Chart

ThredUp Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.43

-1.31

-2.28

-0.81

-2.24

ThredUp Quarterly Data
	Dec18	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														-0.08	-0.72	-0.73	-0.71	-0.68

ThredUp 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 $-2.8 Mil.

ThredUp (NAS:TDUP) 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.

ThredUp's Interest Expense for the three months ended in Mar. 2024 was $-0.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-16.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $70.8 Mil.

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

ThredUp did not have earnings to cover the interest expense.

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

ThredUp (ThredUp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ThredUp Inc (NAS:TDUP) » Definitions » Interest Expense

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6XV:Germany

Address

969 Broadway, Suite 200, Oakland, CA, USA, 94607

Website

https://www.thredup.com

ThredUp Inc is an online resale platform for women and kids apparel, shoes, and accessories. It generates revenue from items that are sold to buyers through the website, mobile app, and RaaS partners.

Executives

James G. Reinhart	director, officer: Chief Executive Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Anthony Salvatore Marino	officer: President	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Patricia Nakache	director, 10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Trinity Tvl X, Llc	10 percent owner	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Daniel J Nova	director, 10 percent owner	C/O HIGHLAND CAPITAL PARTNERS INC, TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alon Rotem	officer: Chief Legal Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Sean Sobers	officer: Chief Financial Officer	3450 W. WARREN AVENUE, FREMONT CA 94538
Christopher Homer	officer: Chief Operating Officer	969 BROADWAY, SUITE 200, OAKLAND CA 94607
Ian Friedman	director	C/O HIGHLAND TRANSCEND PARTNERS I CORP., 16 FAYERWEATHER ST, CAMBRIDGE MA 02138
Jack R Lazar	director	400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Rushing Coretha M	director	C/O EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Highland Management Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Management Partners Viii Ltd	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners Viii-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142