Wag Group Co (Wag Group Co) Interest Expense : $-7.67 Mil (TTM As of Mar. 2024)

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What is Wag Group Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wag Group Co's interest expense for the three months ended in Mar. 2024 was $ -1.89 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.67 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. Wag Group Co's Operating Income for the three months ended in Mar. 2024 was $ -1.78 Mil. Wag Group Co's Interest Expense for the three months ended in Mar. 2024 was $ -1.89 Mil. Wag Group Co 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.

Wag Group Co Interest Expense Historical Data

The historical data trend for Wag Group Co'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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Wag Group Co Interest Expense Chart

Wag Group Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.06

-2.89

-7.42

Wag Group Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-1.87	-1.66	-1.68	-2.45	-1.89

Wag Group Co 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 $-7.67 Mil.

Wag Group Co (NAS:PET) 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.

Wag Group Co's Interest Expense for the three months ended in Mar. 2024 was $-1.89 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-1.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $22.16 Mil.

Wag Group Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Wag Group Co did not have earnings to cover the interest expense.

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

Wag Group Co (Wag Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wag Group Co (NAS:PET) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Francisco Street, Suite 360, San Francisco, CA, USA, 94133

Website

https://www.wagwalking.com

Wag Group Co develops and supports a proprietary marketplace technology platform available as a website and mobile app that enables independent Pet Caregivers to connect with pet parents. The platform allows pet parents to make pet service requests in the platform, which can then be fulfilled by Pet Caregivers. Wag supports dog walking, pet sitting, pet boarding, drop-in visits at the pet parent's home, advice from licensed pet experts, training services, pet insurance comparison tools, and pet wellness plans.

Executives

Dylan Allread	officer: Chief Operating Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Brian Yee	director	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Alec Davidian	officer: Chief Financial Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Nicholas Yu	officer: Director of Legal	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
David Cane	officer: Chief Customer Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Patrick Mccarthy	officer: Chief Marketing Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Garrett Smallwood	director, officer: Chief Executive Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Adam Storm	officer: Pres. & Chief Product Off.	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Maziar Arjomand	officer: Chief Technology Officer	55 SAN FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Sherpaventures Fund Ii Gp, Llc	10 percent owner	505 HOWARD STREET, SUITE 201, SAN FRANCISCO CA 94105
Acme Opportunity Fund, Lp	10 percent owner	800 MARKET STREET, SUITE 800, SAN FRANCISCO CA 94102
Acme Opportunity Fund Gp, Llc	10 percent owner	800 MARKET STREET, SUITE 800, SAN FRANCISCO CA 94102
Kimberly A. Blackwell	director	55 FRANCISCO STREET, SUITE 360, SAN FRANCISCO CA 94133
Sheila Lirio Marcelo	director	CARE.COM, INC., 201 JONES ROAD, SUITE 500, WALTHAM MA 02451
Battery Partners Xi Side Fund, Llc	10 percent owner	ONE MARINA PARK DRIVE, SUITE 1100, BOSTON MA 02210