Uber Technologies (BSP:U1BE34) Interest Expense : R$-2,872 Mil (TTM As of Dec. 2024)

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What is Uber Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Uber Technologies's interest expense for the three months ended in Dec. 2024 was R$ -714 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-2,872 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. Uber Technologies's Operating Income for the three months ended in Dec. 2024 was R$ 4,698 Mil. Uber Technologies's Interest Expense for the three months ended in Dec. 2024 was R$ -714 Mil. Uber Technologies's Interest Coverage for the quarter that ended in Dec. 2024 was 6.58. 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.

Uber Technologies Interest Expense Historical Data

The historical data trend for Uber Technologies'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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Uber Technologies Interest Expense Chart

Uber Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2,356.27

-2,731.32

-2,963.65

-3,101.57

-3,190.82

Uber Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-759.47	-617.50	-748.67	-791.91	-713.82

Uber Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2,872 Mil.

Uber Technologies (BSP:U1BE34) 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.

Uber Technologies's Interest Expense for the three months ended in Dec. 2024 was R$-714 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$4,698 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$59,796 Mil.

Uber Technologies's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	4697.77	/	-713.817
	=	6.58

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

Uber Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Uber Technologies Inc (BSP:U1BE34) » Definitions » Interest Expense

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Address

1725 3rd Street, San Francisco, CA, USA, 94158

Website

https://www.uber.com

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. The firm's on-demand technology platform is currently utilized by traditional cars as well as autonomous vehicles, but could eventually be used for additional products and services, such as delivery via drones or electronic vehicle take-off and landing (eVTOL) technology. Uber operates in over 70 countries, with over 171 million users who order rides or food at least once a month.

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