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Thoughtworks Holding (FRA:7W8) Interest Expense : €-24.5 Mil (TTM As of Jun. 2024)


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What is Thoughtworks Holding Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Thoughtworks Holding's interest expense for the three months ended in Jun. 2024 was € -6.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was €-24.5 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. Thoughtworks Holding's Operating Income for the three months ended in Jun. 2024 was € -14.2 Mil. Thoughtworks Holding's Interest Expense for the three months ended in Jun. 2024 was € -6.2 Mil. Thoughtworks Holding 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.


Thoughtworks Holding Interest Expense Historical Data

The historical data trend for Thoughtworks Holding'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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Thoughtworks Holding Interest Expense Chart

Thoughtworks Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-23.79 -21.18 -22.53 -21.20 -24.06

Thoughtworks Holding Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only Premium Member Only Premium Member Only -5.68 -6.23 -6.03 -6.06 -6.17

Thoughtworks Holding 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-24.5 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.


Thoughtworks Holding  (FRA:7W8) 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.

Thoughtworks Holding's Interest Expense for the three months ended in Jun. 2024 was €-6.2 Mil. Its Operating Income for the three months ended in Jun. 2024 was €-14.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was €285.8 Mil.

Thoughtworks Holding's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Thoughtworks Holding 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.


Thoughtworks Holding Business Description

Traded in Other Exchanges
N/A
Address
200 East Randolph Street, 25th Floor, Chicago, IL, USA, 60601
Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design, and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.

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