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GitLab (MEX:GTLB) Interest Expense : MXN0 Mil (TTM As of Jan. 2025)


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What is GitLab Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GitLab's interest expense for the three months ended in Jan. 2025 was MXN 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2025 was MXN0 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. GitLab's Operating Income for the three months ended in Jan. 2025 was MXN -319 Mil. GitLab's Interest Expense for the three months ended in Jan. 2025 was MXN 0 Mil. GitLab has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


GitLab Interest Expense Historical Data

The historical data trend for GitLab'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.

* Premium members only.

GitLab Interest Expense Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Interest Expense
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GitLab Quarterly Data
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GitLab 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 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.


GitLab  (MEX:GTLB) 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.

GitLab's Interest Expense for the three months ended in Jan. 2025 was MXN0 Mil. Its Operating Income for the three months ended in Jan. 2025 was MXN-319 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2025 was MXN0 Mil.

GitLab's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

GitLab had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GitLab Inc has enough cash to cover all of its debt. Its financial situation is stable.


GitLab Business Description

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Address
268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. GitLab, a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, and Asia Pacific. It focused on accelerating innovation and broadening the distribution of its platform to companies across the world.