WeWork (FRA:9WEA) Interest Expense : €-315 Mil (TTM As of Sep. 2023)

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What is WeWork Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WeWork's interest expense for the three months ended in Sep. 2023 was € -87 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was €-315 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. WeWork's Operating Income for the three months ended in Sep. 2023 was € -191 Mil. WeWork's Interest Expense for the three months ended in Sep. 2023 was € -87 Mil. WeWork 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.

WeWork Interest Expense Historical Data

The historical data trend for WeWork'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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WeWork Interest Expense Chart

WeWork Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-161.47

-89.63

-130.70

-216.83

-242.61

WeWork Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial										-66.66	-64.19	-81.26	-82.15	-87.14

WeWork 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-315 Mil.

WeWork (FRA:9WEA) 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.

WeWork's Interest Expense for the three months ended in Sep. 2023 was €-87 Mil. Its Operating Income for the three months ended in Sep. 2023 was €-191 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was €11,829 Mil.

WeWork's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

WeWork did not have earnings to cover the interest expense.

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

WeWork (FRA:9WEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WeWork Inc (FRA:9WEA) » Definitions » Interest Expense

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WEWKQ:USA

Address

75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019

Website

https://www.wework.com

WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

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