Fastly (BSP:F1SL34) Interest Expense : R$-17 Mil (TTM As of Mar. 2024)

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What is Fastly Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fastly's interest expense for the three months ended in Mar. 2024 was R$ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was R$-17 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. Fastly's Operating Income for the three months ended in Mar. 2024 was R$ -230 Mil. Fastly's Interest Expense for the three months ended in Mar. 2024 was R$ -3 Mil. Fastly 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.

Fastly Interest Expense Historical Data

The historical data trend for Fastly'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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Fastly Interest Expense Chart

Fastly Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-21.49

-7.97

-29.66

-30.88

-19.85

Fastly Quarterly Data
	Jun19	Sep19	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															-6.32	-5.98	-4.26	-3.65	-2.88

Fastly 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 R$-17 Mil.

Fastly (BSP:F1SL34) 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.

Fastly's Interest Expense for the three months ended in Mar. 2024 was R$-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was R$-230 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was R$1,948 Mil.

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

Fastly did not have earnings to cover the interest expense.

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

Fastly (BSP:F1SL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fastly Inc (BSP:F1SL34) » Definitions » Interest Expense

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FSLY:USA FSLY:Mexico 2Y7:Germany 2Y7:Germany

Address

475 Brannan Street, Suite 300, San Francisco, CA, USA, 94107

Website

https://www.fastly.com

Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2022.

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