Grab Holdings (Grab Holdings) Interest Expense : $-106.00 Mil (TTM As of Mar. 2024)

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What is Grab Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Grab Holdings's interest expense for the three months ended in Mar. 2024 was $ -52.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-106.00 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. Grab Holdings's Operating Income for the three months ended in Mar. 2024 was $ -53.00 Mil. Grab Holdings's Interest Expense for the three months ended in Mar. 2024 was $ -52.00 Mil. Grab Holdings 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.

Grab Holdings Interest Expense Historical Data

The historical data trend for Grab Holdings'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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Grab Holdings Interest Expense Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1,053.00

-1,433.00

-1,701.00

-165.00

-99.00

Grab Holdings Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-46.00	-18.00	-18.00	-18.00	-52.00

Grab Holdings 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 $-106.00 Mil.

Grab Holdings (NAS:GRABW) 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.

Grab Holdings's Interest Expense for the three months ended in Mar. 2024 was $-52.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-53.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $206.00 Mil.

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

Grab Holdings did not have earnings to cover the interest expense.

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

Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRABW) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

GRAB:USA A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.