GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Expense : $-46.6 Mil (TTM As of Sep. 2022)

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What is GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's interest expense for the three months ended in Sep. 2022 was $ -9.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $-46.6 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. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Operating Income for the three months ended in Sep. 2022 was $ 26.3 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Expense for the three months ended in Sep. 2022 was $ -9.8 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage for the quarter that ended in Sep. 2022 was 2.68. 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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Expense Historical Data

The historical data trend for GetnetAdquirencia e Servicos para Meios de Pagamento Instituica'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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GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Expense Chart

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Interest Expense

-5.14

-3.17

-5.92

-19.94

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Interest Expense	Get a 7-Day Free Trial								-6.03	-10.59	-14.84	-11.39	-9.78

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-46.6 Mil.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica (NAS:GET) 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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Expense for the three months ended in Sep. 2022 was $-9.8 Mil. Its Operating Income for the three months ended in Sep. 2022 was $26.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2022 was $6.2 Mil.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	26.252	/	-9.78
	=	2.68

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

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetnetAdquirencia e Servicos para Meios de Pagamento SA Instituica (NAS:GET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Presidente Juscelino Kubitschek, 2041, Suite 121, Block A, Condominio Wtorre JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011

Website

https://site.getnet.com.br

Getnet Adquirencia E Servicos Para Meios De Pagamento SA is a technology company offering payment solutions to a range of merchants, from large businesses to the small entrepreneurs. Its portfolio of products includes physical solutions, such as SuperGet, POS devices, digital solutions and services.