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GoPro (GPRO) Interest Expense : $-5 Mil (TTM As of Dec. 2023)


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What is GoPro Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GoPro's interest expense for the three months ended in Dec. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-5 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. GoPro's Operating Income for the three months ended in Dec. 2023 was $ -8 Mil. GoPro's Interest Expense for the three months ended in Dec. 2023 was $ -1 Mil. GoPro 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.


GoPro Interest Expense Historical Data

The historical data trend for GoPro'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.

GoPro Interest Expense Chart

GoPro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.23 -20.26 -22.94 -6.24 -4.70

GoPro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.31 -1.15 -1.14 -1.17 -1.24

GoPro 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5 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.


GoPro  (NAS:GPRO) 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.

GoPro's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $118 Mil.

GoPro's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

GoPro 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.


GoPro (GPRO) Business Description

Address
3025 Clearview Way, San Mateo, CA, USA, 94402
GoPro Inc is a United States-based company that is principally engaged in designing and providing cameras, mounts, drones and appliances. The company outsources a part of manufacturing to third parties in China. The company sells products across the world through its direct sales channel, which generates over half of total revenue, and indirectly through its distribution channel. The company has presence, including in the Americas, Europe, Middle East, Africa, and Asia-Pacific, with the Americas contributing over half of total revenue.
Executives
Eve T. Saltman officer: VP, Corp/Bus Dev, GC, Sec 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Brian Mcgee officer: Vice President of Finance 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Charles Lafrades officer: Chief Accounting Officer C/O GOPRO, INC., 455 ECCLES AVENUE, SOUTH SAN FRANCISCO CA 94080
Dean Jahnke officer: Vice President, Global Sales 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Lauren Zalaznick director 425 LEXINGTON AVENUE, (ATTN: ANDREA ANDREZO), NEW YORK NY 10017
Kevin Hinge officer: SVP, Chief Supply Chain Off. 3030 BINNACLE DR. #306, NAPLES FL 34103
Tyrone Ahmad-taylor director 3000 CLEARVIEW WAY, SAN MATEO CA 94402
Frederic Welts director GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
S Aimee Lapic officer: SVP, Chief Digital Officer 2101 WEBSTER ST #1650, OAKLAND CA 94612
Nicholas Woodman director, 10 percent owner, officer: CEO, Chairman of the Board 3025 CLEARVIEW WAY, SAN MATEO CA 94402
Susan M Lyne director 11 WEST 42ND STREET, NEW YORK NY 10036
Shaz Kahng director 24 EAST AVENUE #139, NEW CANAAN CT 06840
Peter C Gotcher director
Kenneth A Goldman director C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
James Lanzone director 3000 CLEARVIEW WAY, SAN MATEO CA 94402