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BlackSky Technology (BlackSky Technology) Interest Expense : $-10.09 Mil (TTM As of Mar. 2024)


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What is BlackSky Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BlackSky Technology's interest expense for the three months ended in Mar. 2024 was $ -2.63 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-10.09 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. BlackSky Technology's Operating Income for the three months ended in Mar. 2024 was $ -13.25 Mil. BlackSky Technology's Interest Expense for the three months ended in Mar. 2024 was $ -2.63 Mil. BlackSky Technology 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.


BlackSky Technology Interest Expense Historical Data

The historical data trend for BlackSky Technology'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.

BlackSky Technology Interest Expense Chart

BlackSky Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-5.20 -5.17 -5.43 -9.31

BlackSky Technology Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.85 -2.24 -2.53 -2.68 -2.63

BlackSky Technology 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 $-10.09 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.


BlackSky Technology  (NYSE:BKSY.W) 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.

BlackSky Technology's Interest Expense for the three months ended in Mar. 2024 was $-2.63 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-13.25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $91.69 Mil.

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

BlackSky Technology 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.


BlackSky Technology (BlackSky Technology) Business Description

Traded in Other Exchanges
Address
13241 Woodland Park Road, Suite 300, Herndon, VA, USA, 20171
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.