Sezzle (Sezzle) Interest Expense : $-16.7 Mil (TTM As of Mar. 2024)

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What is Sezzle Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sezzle's interest expense for the three months ended in Mar. 2024 was $ -4.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-16.7 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. Sezzle's Operating Income for the three months ended in Mar. 2024 was $ 13.8 Mil. Sezzle's Interest Expense for the three months ended in Mar. 2024 was $ -4.1 Mil. Sezzle's Interest Coverage for the quarter that ended in Mar. 2024 was 3.39. 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.

Sezzle Interest Expense Historical Data

The historical data trend for Sezzle'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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Sezzle Interest Expense Chart

Sezzle Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.66

-4.30

-5.27

-8.60

-15.97

Sezzle Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial									-3.38	-3.93	-4.14	-4.52	-4.08

Sezzle 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 $-16.7 Mil.

Sezzle (NAS:SEZL) 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.

Sezzle's Interest Expense for the three months ended in Mar. 2024 was $-4.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $13.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $72.6 Mil.

Sezzle'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	*	13.835	/	-4.081
	=	3.39

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

Sezzle (Sezzle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Sezzle Inc (NAS:SEZL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

SEZL:USA 0SE0:Germany 0SEA:Germany 0SEA:Germany SZL:Australia

Address

251 1st Avenue N, Suite 200, Minneapolis, MN, USA, 55401

Website

https://www.sezzle.com

Sezzle Inc is a financing institution that offers technology-driven payment platform. It allows customers to split their purchase into four installments and pay over 6 weeks with only the first payment due at the time of purchase.