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Rubicon Technologies (MEX:RBT) Interest Expense : MXN-680 Mil (TTM As of Mar. 2024)


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What is Rubicon Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rubicon Technologies's interest expense for the three months ended in Mar. 2024 was MXN -187 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-680 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. Rubicon Technologies's Operating Income for the three months ended in Mar. 2024 was MXN -227 Mil. Rubicon Technologies's Interest Expense for the three months ended in Mar. 2024 was MXN -187 Mil. Rubicon Technologies 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.


Rubicon Technologies Interest Expense Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies Interest Expense Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-86.38 -163.45 -234.99 -328.76 -618.66

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -140.04 -150.52 -167.78 -174.26 -187.07

Rubicon Technologies 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 MXN-680 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.


Rubicon Technologies  (MEX:RBT) 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.

Rubicon Technologies's Interest Expense for the three months ended in Mar. 2024 was MXN-187 Mil. Its Operating Income for the three months ended in Mar. 2024 was MXN-227 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was MXN1,700 Mil.

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

Rubicon Technologies 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.


Rubicon Technologies (MEX:RBT) Business Description

Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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