Asana (ASAN) Interest Expense : $-4.0 Mil (TTM As of Jan. 2024)

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What is Asana Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asana's interest expense for the three months ended in Jan. 2024 was $ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was $-4.0 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. Asana's Operating Income for the three months ended in Jan. 2024 was $ -67.9 Mil. Asana's Interest Expense for the three months ended in Jan. 2024 was $ -1.0 Mil. Asana 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.

Asana Interest Expense Historical Data

The historical data trend for Asana'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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Asana Interest Expense Chart

Asana Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Interest Expense

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-0.08

-36.18

-18.39

-2.00

-3.95

Asana Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.88	-0.97	-0.97	-1.01	-1.01

Asana 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 $-4.0 Mil.

Asana (NYSE:ASAN) 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.

Asana's Interest Expense for the three months ended in Jan. 2024 was $-1.0 Mil. Its Operating Income for the three months ended in Jan. 2024 was $-67.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was $258.7 Mil.

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

Asana did not have earnings to cover the interest expense.

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

Asana (ASAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asana Inc (NYSE:ASAN) » Definitions » Interest Expense

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A6N:Germany A6N:Germany

Address

633 Folsom Street, Suite 100, San Francisco, CA, USA, 94107

Website

https://www.asana.com

Asana is a provider of collaborative work management software delivered via a cloud-based SaaS model. The firm's solution offers scalable, dynamic tools to improve the efficiency of project and process management across countless use cases, including marketing programs, managing IT approvals, and performance management. Asana's offering supports workflow management across teams, provides real time visibility into projects, and reporting and automation capabilities. The firm generates revenue via software subscriptions on a per seat basis.

Executives

Tim M Wan	officer: Chief Financial Officer	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Eleanor B Lacey	officer: GC, Corporate Secretary	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Anne Raimondi	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Dustin A. Moskovitz	director, 10 percent owner, officer: President, CEO, & Chair	P.O. BOX 2929, SAN FRANCISCO CA 94126
Lorrie M Norrington	director	C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Justin Rosenstein	director, 10 percent owner	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Krista Anderson-copperman	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Amit K. Singh	director	3000 TANNERY WAY, SANTA CLARA CA 95054
Chris Farinacci	officer: Chief Operating Officer	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Andrew Lindsay	director	C/O ASANA, INC., 633 FOLSOM STREET, SUITE 100, SAN FRANCISCO CA 94107
Steven M Spurlock	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Capital Management Co. Vi, L.l.c.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Generation Im Climate Solutions Fund Ii, L.p.	10 percent owner	PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Founders Fund Iv Management, Llc	10 percent owner	ONE LETTERMAN DRIVE, BUILDING D, SUITE 500, SAN FRANCISCO CA 94129
Matt Cohler	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025