Rocket Lab USA (Rocket Lab USA) Interest Expense : $-4.46 Mil (TTM As of Mar. 2024)

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What is Rocket Lab USA Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rocket Lab USA's interest expense for the three months ended in Mar. 2024 was $ -0.90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.46 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. Rocket Lab USA's Operating Income for the three months ended in Mar. 2024 was $ -43.08 Mil. Rocket Lab USA's Interest Expense for the three months ended in Mar. 2024 was $ -0.90 Mil. Rocket Lab USA 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.

Rocket Lab USA Interest Expense Historical Data

The historical data trend for Rocket Lab USA'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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Rocket Lab USA Interest Expense Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-6.13

-7.80

-4.25

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial										-0.69	-0.75	-1.41	-1.41	-0.90

Rocket Lab USA 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 $-4.46 Mil.

Rocket Lab USA (NAS:RKLBW) 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.

Rocket Lab USA's Interest Expense for the three months ended in Mar. 2024 was $-0.90 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-43.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $465.82 Mil.

Rocket Lab USA's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Rocket Lab USA did not have earnings to cover the interest expense.

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

Rocket Lab USA (Rocket Lab USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLBW) » Definitions » Interest Expense

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RKLB:USA

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.