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Metromile (Metromile) Interest Expense : $-0.1 Mil (TTM As of Mar. 2022)


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What is Metromile Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Metromile's interest expense for the three months ended in Mar. 2022 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2022 was $-0.1 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. Metromile's Operating Income for the three months ended in Mar. 2022 was $ -34.3 Mil. Metromile's Interest Expense for the three months ended in Mar. 2022 was $ 0.0 Mil. Metromile 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.


Metromile Interest Expense Historical Data

The historical data trend for Metromile'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.

Metromile Interest Expense Chart

Metromile Annual Data
Trend Dec20 Dec21
Interest Expense
-6.07 -15.97

Metromile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Interest Expense Get a 7-Day Free Trial Premium Member Only -15.88 -0.10 - - -

Metromile 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.1 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.


Metromile  (NAS:MILE) 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.

Metromile's Interest Expense for the three months ended in Mar. 2022 was $0.0 Mil. Its EBIT for the three months ended in Mar. 2022 was $-34.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2022 was $0.0 Mil.

Metromile's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Metromile 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.


Metromile (Metromile) Business Description

Traded in Other Exchanges
N/A
Address
425 Market Street, Suite 700, San Francisco, CA, USA, 94105
Metromile Inc is a digital insurance platform in the United States. It offers real-time, personalized auto insurance policies by the mile. Metromile's digitally native offering is built around the modern driver's needs, featuring automated claims, complimentary smart driving features and annual average savings of 47% over what they were paying their previous auto insurer.
Executives
David A Friedberg director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
Sandra Marie Clarke director 53 HIDDEN OAKS DRIVE LAFAYETTE CA 94549
John Miles Butler director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Regi Vengalil officer: Chief Financial Officer 411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Mark Gundacker officer: Chief People Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Paw Andersen officer: Chief Technology Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Dan Preston director, officer: Chief Executive Officer C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Jesse Mckendry officer: VP, Insurance C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Lindsay Alexovich officer: Chief Accounting Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Bryant Colin director 2855 SAND HILL ROAD MENLO PARK CA 94025
Vikas Singhal director 2187 ATLANTIC STREET, FOURTH FLOOR, STAMFORD CT 06902
Ryan Graves director C/O ICONIQ CAPITAL, 15 E. 26TH STREET, SUITE 602, NEW YORK NY 10010
Betsy Z Cohen director
Dioptra Advisors Ii, Llc 10 percent owner 2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104
Insurance Acquisition Sponsor Ii, Llc 10 percent owner 2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104