Under Armour (Under Armour) Interest Expense : $-4 Mil (TTM As of Dec. 2023)

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Under Armour Interest Expense Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Under Armour's interest expense for the three months ended in Dec. 2023 was $ -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4 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. Under Armour's Operating Income for the three months ended in Dec. 2023 was $ 70 Mil. Under Armour's Interest Expense for the three months ended in Dec. 2023 was $ -0 Mil. Under Armour's Interest Coverage for the quarter that ended in Dec. 2023 was 329.48. 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.

Under Armour Interest Expense Historical Data

The historical data trend for Under Armour'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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Under Armour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Interest Expense

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-21.24

-47.26

-44.30

-12.83

Under Armour 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															-1.62	-1.65	-1.63	-0.37	-0.21

Under Armour 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 $-4 Mil.

Under Armour (NYSE:UAA) 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.

Under Armour's Interest Expense for the three months ended in Dec. 2023 was $-0 Mil. Its Operating Income for the three months ended in Dec. 2023 was $70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $1,249 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	69.52	/	-0.211
	=	329.48

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

Under Armour (Under Armour) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Under Armour Inc (NYSE:UAA) » Definitions » Interest Expense

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Traded in Other Exchanges

UA:USA UAA:Mexico 1UAA:Italy U9RA:Germany U9R:Germany U9RA:Germany U9R:Germany U1AI34:Brazil UAA:Austria

Address

1020 Hull Street, Baltimore, MD, USA, 21230

Website

https://www.underarmour.com

Under Armour develops, markets, and distributes athletic apparel, footwear, and accessories in North America, Asia-Pacific, Europe, and other regions. Consumers of its performance-based clothing and shoes include professional and amateur athletes, sponsored college and professional teams, and people with active lifestyles. The company sells merchandise through direct-to-consumer, including e-commerce and more than 400 combined factory house and brand house stores, and wholesale channels. Under Armour also operates a digital fitness app called MapMyFitness. The Baltimore-based company was founded in 1996.

Executives

Shawn Curran	officer: Chief Supply Chain Officer	1020 HULL STREET, BALTIMORE MD 21230
James A Dausch	officer: Chief Consumer Officer	1020 HULL STREET, BALTIMORE MD 21230
Stephanie Linnartz	director, officer: President & CEO	10400 FERNWOOD ROAD, BETHESDA MD 20817
Carolyn Everson	director	C/O THE HERTZ CORPORATION, 225 BRAE BOULEVARD, PARK RIDGE NJ 07656-0713
Patrick Whitesell	director	11601 WILSHIRE BOULEVARD, SUITE 1600, LOS ANGELES CA 90025
Mehri Shadman	officer: Chief Legal Officer	1020 HULL STREET, BALTIMORE MD 21230
David Baxter	officer: President, Americas	1415 MURFREESBORO ROAD, GENESCO INC., NASHVILLE TN 37217
Jerri Devard	director	120 E 87TH STREET, #P6A, NEW YORK NY 10128
Westley Moore	director	325 WEST HURON STREET, SUITE 412, CHICAGO IL 60654
David Bergman	officer: Chief Financial Officer	1020 HULL STREET, BALTIMORE MD 21230
Aditya Maheshwari	officer: Chief Accounting Officer	1020 HULL STREET, BALTIMORE MD 21230
Lisa K. Collier	officer: Chief Product Officer	1020 HULL STREET, BALTIMORE MD 21230
Browne Colin	officer: Chief Operating Officer	1020 HULL STREET, BALTIMORE MD 21230
Tchernavia Rocker	officer: Chief Administrative Officer	3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53202
Stephanie L. Pugliese	officer: President, Americas	170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508