Udemy (MEX:UDMY) Interest Expense : MXN-5 Mil (TTM As of Jun. 2024)

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What is Udemy Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Udemy's interest expense for the three months ended in Jun. 2024 was MXN -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was MXN-5 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. Udemy's Operating Income for the three months ended in Jun. 2024 was MXN -468 Mil. Udemy's Interest Expense for the three months ended in Jun. 2024 was MXN -1 Mil. Udemy 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.

Udemy Interest Expense Historical Data

The historical data trend for Udemy'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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Udemy Interest Expense Chart

Udemy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-22.80

-4.51

-24.39

-8.79

Udemy Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial													0.86	-2.16	-0.92	-0.05	-1.41

Udemy 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-5 Mil.

Udemy (MEX:UDMY) 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.

Udemy's Interest Expense for the three months ended in Jun. 2024 was MXN-1 Mil. Its Operating Income for the three months ended in Jun. 2024 was MXN-468 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was MXN153 Mil.

Udemy's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Udemy did not have earnings to cover the interest expense.

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

Udemy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Udemy Inc (MEX:UDMY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

UDMY:USA 7WH:Germany

Address

600 Harrison Street, 3rd Floor, San Francisco, CA, USA, 94107

Website

https://www.udemy.com

Udemy Inc operates a marketplace platform at the center of a vibrant knowledge network. The Company operated under two operating and reportable segments Consumer and Enterprise.