Meta Platforms (BSP:M1TA34) Interest Expense : R$-2,548 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Meta Platforms Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Meta Platforms's interest expense for the three months ended in Mar. 2024 was R$ -632 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-2,548 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. Meta Platforms's Operating Income for the three months ended in Mar. 2024 was R$ 68,811 Mil. Meta Platforms's Interest Expense for the three months ended in Mar. 2024 was R$ -632 Mil. Meta Platforms's Interest Coverage for the quarter that ended in Mar. 2024 was 108.80. 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.

Meta Platforms Interest Expense Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Interest Expense Chart

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-82.09

-174.92

-130.06

-970.40

-2,185.31

Meta Platforms 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															-286.47	-563.03	-686.48	-666.37	-632.44

Meta Platforms 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 R$-2,548 Mil.

Meta Platforms (BSP:M1TA34) 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.

Meta Platforms's Interest Expense for the three months ended in Mar. 2024 was R$-632 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$68,811 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$179,059 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	68810.876	/	-632.435
	=	108.80

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

Meta Platforms (BSP:M1TA34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (BSP:M1TA34) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

META:USA META:Peru META:Mexico FB:Italy FB2Ad:UK 0QZI:UK FB2A:Germany METACL:Chile META:Canada META:Austria

Address

1601 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.facebook.com

Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

Meta Platforms (BSP:M1TA34) Headlines

No Headlines