MOND (Mondee Holdings) Interest Expense: $-32.5 Mil (TTM As of Jun. 2024)


What is Mondee Holdings Interest Expense?

Mondee Holdings MOND Interest Expense is $-32.5 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mondee Holdings's interest expense for the three months ended in Jun. 2024 was $ -12.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-32.5 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. Mondee Holdings's Operating Income for the three months ended in Jun. 2024 was $ -10.1 Mil. Mondee Holdings's Interest Expense for the three months ended in Jun. 2024 was $ -12.8 Mil. Mondee 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.

Mondee Holdings  (OTCPK:MOND) 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.

Mondee Holdings's Interest Expense for the three months ended in Jun. 2024 was $-12.8 Mil. Its Operating Income for the three months ended in Jun. 2024 was $-10.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $167.3 Mil.

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

Mondee Holdings 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.

Mondee Holdings Interest Expense Historical Data

* Premium members only.

The historical data trend for Mondee 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.

Mondee Holdings Interest Expense Chart

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-19.72 -21.17 -19.94 -26.40

Mondee Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 Premium Member Only -8.42 -8.74 -1.03 -9.93 -12.82

Mondee 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-32.5 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-32.5 Mil mean?
Mondee Holdings (MOND) has a Interest Expense of $-32.5 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mondee Holdings and its competitors.
Is Mondee Holdings' Interest Expense too high?
Mondee Holdings' current Interest Expense is $-32.5 Mil.
How does Mondee Holdings' Interest Expense compare to EBET and LUXH?
Mondee Holdings' Interest Expense of $-32.5 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mondee Holdings and its competitors. Mondee Holdings's current Interest Expense is $-32.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mondee Holdings stock overvalued right now?
Mondee Holdings (MOND) has a current Interest Expense of $-32.5 Mil. The current Interest Expense is $-32.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mondee Holdings (MOND), the current Interest Expense is $-32.5 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mondee Holdings Business Description

Address 10800 Pecan Park Boulevard, Suite 400, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. The company provides AI platforms, technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. The company has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.