Instructure Holdings (Instructure Holdings) Interest Expense : $-55.1 Mil (TTM As of Mar. 2024)

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What is Instructure Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Instructure Holdings's interest expense for the three months ended in Mar. 2024 was $ -22.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-55.1 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. Instructure Holdings's Operating Income for the three months ended in Mar. 2024 was $ -6.1 Mil. Instructure Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -22.6 Mil. Instructure Holdings 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.

Instructure Holdings Interest Expense Historical Data

The historical data trend for Instructure Holdings'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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Instructure Holdings Interest Expense Chart

Instructure Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.02

-50.36

-24.60

-42.02

Instructure Holdings 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														-9.49	-10.29	-10.87	-11.38	-22.60

Instructure Holdings 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 $-55.1 Mil.

Instructure Holdings (NYSE:INST) 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.

Instructure Holdings's Interest Expense for the three months ended in Mar. 2024 was $-22.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-6.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,153.9 Mil.

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

Instructure Holdings did not have earnings to cover the interest expense.

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

Instructure Holdings (Instructure Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Instructure Holdings Inc (NYSE:INST) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6330 South 3000 East, Suite 700, Salt Lake City, UT, USA, 84121

Website

https://www.instructure.com

Instructure Holdings Inc is an education technology company dedicated towards helping everyone learn together. it amplify the power of teaching and elevate the learning process, leading to improved student outcomes. The company supports more than 30 million educators and learners at more than 6,000 organizations around the world.

Executives

Matthew Kaminer	officer: See remarks	1100 PARK PLACE, SUITE 300, SAN MATEO CA 94403
Benson Michael Lee Jr.	officer: Chief Product Officer	6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Erik Akopiantz	director	600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
John Charles Goodman	director	600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
Stephen M. Daly	director, officer: Chief Executive Officer	6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Chris F Ball	officer: See Remarks	6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Melissa J. Loble	officer: See Remarks	6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Lloyd G Waterhouse	director
Thoma Bravo Fund Xiii, L.p.	10 percent owner	150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Thoma Bravo Executive Fund Xiii, L.p.	10 percent owner	150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Thoma Bravo Fund Xiii-a, L.p.	10 percent owner	150 N. RIVERSIDE PLAZA, SUITE 2800, CHICAGO IL 60606
Ossa Fisher	director	1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
James R. Hutter	director	600 MONTGOMERY STREET, 20TH FLOOR, SAN FRANCISCO CA 94111
Dale E. Bowen	officer: Chief Financial Officer	6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
Frank Daniel Maylett	officer: Chief Revenue Officer	7730 S. UNION PARK AVE, SUITE 500, MIDVALE UT 84047