Bitcoin Depot (Bitcoin Depot) Interest Expense : $-13.9 Mil (TTM As of Mar. 2024)

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What is Bitcoin Depot Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bitcoin Depot's interest expense for the three months ended in Mar. 2024 was $ -4.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-13.9 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. Bitcoin Depot's Operating Income for the three months ended in Mar. 2024 was $ 0.7 Mil. Bitcoin Depot's Interest Expense for the three months ended in Mar. 2024 was $ -4.9 Mil. Bitcoin Depot's Interest Coverage for the quarter that ended in Mar. 2024 was 0.14. 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.

Bitcoin Depot Interest Expense Historical Data

The historical data trend for Bitcoin Depot'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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Bitcoin Depot Interest Expense Chart

Bitcoin Depot Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.73

-8.00

-12.32

-11.93

Bitcoin Depot Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial							-2.95	-4.40	-2.77	-1.81	-4.94

Bitcoin Depot 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 $-13.9 Mil.

Bitcoin Depot (NAS:BTM) 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.

Bitcoin Depot's Interest Expense for the three months ended in Mar. 2024 was $-4.9 Mil. Its Operating Income for the three months ended in Mar. 2024 was $0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $38.8 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	0.699	/	-4.944
	=	0.14

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

Bitcoin Depot (Bitcoin Depot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitcoin Depot Inc (NAS:BTM) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2870 Peachtree Road No. 327, Atlanta, GA, USA, 30305

Website

https://www.bitcoindepot.com

Bitcoin Depot Inc is the fastest-growing multi-cryptocurrency ATM Network offering users the ability to buy and sell.

Executives

Christopher Scott Buchanan	director, officer: CHIEF OPERATING OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
Brandon Taylor Mintz	director, officer: See Remarks	2870 PEACHTREE RD #327, ATLANTA GA 30305
David E Shaw	10 percent owner, other: See Footnotes 1, 3, and 4.	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Daniel Tramel Stabile	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Jacqueline Marks	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Gardner Daniel C. Jr	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Timothy Vanderham	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Bt Assets, Inc.	10 percent owner	2870 PEACHTREE RD #327, ATLANTA GA 30305
Mark James Smalley	officer: CHIEF COMPLIANCE OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
Gsr Ii Meteora Sponsor Llc	10 percent owner	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432
Glen S Leibowitz	officer: CHIEF FINANCIAL OFFICER	366 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10017
Bradley R. Strock	director	C/O ELEVATE CREDIT, INC., 4150 INTERNATIONAL PLAZA, SUITE 300, FORT WORTH TX 76109
Eve Mongiardo	director	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432