SharkNinja (SharkNinja) Interest Expense : $-51 Mil (TTM As of Dec. 2023)

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What is SharkNinja Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SharkNinja's interest expense for the three months ended in Dec. 2023 was $ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-51 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. SharkNinja's Operating Income for the three months ended in Dec. 2023 was $ 101 Mil. SharkNinja's Interest Expense for the three months ended in Dec. 2023 was $ -16 Mil. SharkNinja's Interest Coverage for the quarter that ended in Dec. 2023 was 6.15. 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.

SharkNinja Interest Expense Historical Data

The historical data trend for SharkNinja'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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SharkNinja Interest Expense Chart

SharkNinja Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-40.28

-16.29

-27.02

-44.91

SharkNinja Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial					-8.46	-14.82	-7.03	-13.00	-16.39

SharkNinja 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 $-51 Mil.

SharkNinja (NYSE:SN) 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.

SharkNinja's Interest Expense for the three months ended in Dec. 2023 was $-16 Mil. Its Operating Income for the three months ended in Dec. 2023 was $101 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $839 Mil.

SharkNinja'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	*	100.754	/	-16.386
	=	6.15

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

SharkNinja (SharkNinja) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » SharkNinja Inc (NYSE:SN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

238 Des Voeux Road Central, 21st floor, Sheung Wan, Hong Kong, HKG

Website

SharkNinja Inc is a global product design and technology company that creates 5-star-rated lifestyle solutions through innovative products for consumers around the world. Its product categories include Cleaning, Cooking, Food Preparation, Home Environment and Beauty products. It sells vacuum cleaners, cooking pots, fryers, hair dryers, etc. The SharkNinja Group is expected to carry on the design, production, marketing and distribution of the Shark and Ninja brands of small household appliances in North America, Europe and other selected international markets (excluding the Asia Pacific Region and Greater China). Currently, the majority of the revenue is derived from the US market.