Darktrace (Darktrace) Interest Expense : $-4.8 Mil (TTM As of Dec. 2023)

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What is Darktrace Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Darktrace's interest expense for the six months ended in Dec. 2023 was $ -3.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.8 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. Darktrace's Operating Income for the six months ended in Dec. 2023 was $ 46.0 Mil. Darktrace's Interest Expense for the six months ended in Dec. 2023 was $ -3.0 Mil. Darktrace's Interest Coverage for the quarter that ended in Dec. 2023 was 15.26. 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.

Darktrace Interest Expense Historical Data

The historical data trend for Darktrace'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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Darktrace Interest Expense Chart

Darktrace Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-2.22

-2.41

-29.16

-2.81

-3.49

Darktrace Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial						-1.36	-1.45	-1.73	-1.76	-3.02

Darktrace 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-4.8 Mil.

Darktrace (OTCPK:DRKTF) 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.

Darktrace's Interest Expense for the six months ended in Dec. 2023 was $-3.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was $46.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was $58.5 Mil.

Darktrace's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	46.001	/	-3.015
	=	15.26

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

Darktrace (Darktrace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Darktrace PLC (OTCPK:DRKTF) » Definitions » Interest Expense

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DRKTY:USA DARKl:UK DARK:UK 7TJ:Germany

Address

Saint John’s Innovation Park, Cowley Road, Maurice Wilkes Building, Cambridge, GBR, CB4 0DS

Website

https://www.darktrace.com

Darktrace PLC is a provider of AI for the enterprise, with the first at-scale deployment of AI in cybersecurity. It is a pioneer of self-learning AI and is at the forefront of autonomous response technology. The Group's platform uses machine learning and AI algorithms to neutralize cyber threats across diverse digital estates, including the cloud and networks, IoT, and industrial control systems. Geographically, it derives a majority of revenue from the USA and Canada and also has a presence in the United Kingdom; Europe, and Rest of World.