Vivid Seats (Vivid Seats) Interest Expense : $-15.31 Mil (TTM As of Mar. 2024)

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What is Vivid Seats Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vivid Seats's interest expense for the three months ended in Mar. 2024 was $ -5.08 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-15.31 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. Vivid Seats's Operating Income for the three months ended in Mar. 2024 was $ 20.68 Mil. Vivid Seats's Interest Expense for the three months ended in Mar. 2024 was $ -5.08 Mil. Vivid Seats's Interest Coverage for the quarter that ended in Mar. 2024 was 4.07. 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.

Vivid Seats Interest Expense Historical Data

The historical data trend for Vivid Seats'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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Vivid Seats Interest Expense Chart

Vivid Seats Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-41.50

-57.48

-58.18

-12.86

-13.51

Vivid Seats Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-3.28	-2.77	-2.54	-4.91	-5.08

Vivid Seats 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 $-15.31 Mil.

Vivid Seats (NAS:SEATW) 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.

Vivid Seats's Interest Expense for the three months ended in Mar. 2024 was $-5.08 Mil. Its Operating Income for the three months ended in Mar. 2024 was $20.68 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $279.66 Mil.

Vivid Seats's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	20.675	/	-5.082
	=	4.07

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

Vivid Seats (Vivid Seats) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Vivid Seats Inc (NAS:SEATW) » Definitions » Interest Expense

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Traded in Other Exchanges

SEAT:USA

Address

24 E. Washington Street, Suite 900, Chicago, IL, USA, 60602

Website

https://www.vividseats.com

Vivid Seats Inc is an online ticket marketplace for connecting fans to live events and artists. It is the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theatres, and comedy. It operates in two segments namely marketplace and resale.