Block (XYZ) Interest Expense : $-47 Mil (TTM As of Mar. 2025)

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What is Block Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Block's interest expense for the three months ended in Mar. 2025 was $ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $-47 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. Block's Operating Income for the three months ended in Mar. 2025 was $ 499 Mil. Block's Interest Expense for the three months ended in Mar. 2025 was $ -17 Mil. Block's Interest Coverage for the quarter that ended in Mar. 2025 was 28.94. 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.

Block Interest Expense Historical Data

The historical data trend for Block'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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Block Interest Expense Chart

Block Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

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Dec24

Interest Expense

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-56.94

-33.12

-36.23

-9.30

Block Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Expense	Get a 7-Day Free Trial															-	-	-13.81	-16.11	-17.24

Block 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-47 Mil.

Block (NYSE:XYZ) 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.

Block's Interest Expense for the three months ended in Mar. 2025 was $-17 Mil. Its Operating Income for the three months ended in Mar. 2025 was $499 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $5,993 Mil.

Block's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	498.991	/	-17.243
	=	28.94

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

Block Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (NYSE:XYZ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

BSQKZ:USA XYZ:Mexico 1SQ:Italy 0L95:UK SQ3:Germany X1YZ34:Brazil XYZ:Australia SQU:Austria

Address

1955 Broadway, Suite 600, Oakland, CA, USA, 94612

Website

https://www.block.xyz

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume was almost USD 250 million.

Executives

Chrysty Esperanza	officer: Interim Counsel Lead	1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Brian Grassadonia	officer: Cash App Lead	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Amrita Ahuja	officer: Chief Financial Officer	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Ajmere Dale	officer: Chief Accounting Officer	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Roelof Botha	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Alyssa Henry	officer: Seller Lead	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Lawrence Henry Summers	director	JOHN F. KENNEDY SCHOOL OF GOVERNMENT, MAILBOX 8, 79 JFK STREET, CAMBRIDGE MA 02138
Neha Narula	director	1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Sivan Whiteley	officer: Gen. Counsel & Corp. Secretary	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Sharon Rothstein	director	C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Mckelvey James Morgan Jr.	director, 10 percent owner	2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Carter Shawn Corey	director	C/O S. CARTER ENTERPRISES, LLC, 1411 BROADWAY, NEW YORK NY 10018
Jack Dorsey	director, 10 percent owner, officer: President, CEO & Chairman	C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Mary G Meeker	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
David A Viniar	director	C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282