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Squarespace (STU:8DT) Interest Expense : €-36.1 Mil (TTM As of Mar. 2024)


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What is Squarespace Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Squarespace's interest expense for the three months ended in Mar. 2024 was € -9.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-36.1 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. Squarespace's Operating Income for the three months ended in Mar. 2024 was € -13.6 Mil. Squarespace's Interest Expense for the three months ended in Mar. 2024 was € -9.6 Mil. Squarespace 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.


Squarespace Interest Expense Historical Data

The historical data trend for Squarespace'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.

* Premium members only.

Squarespace Interest Expense Chart

Squarespace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.97 -8.26 -9.81 -17.19 -33.72

Squarespace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only -7.56 -7.97 -8.73 -9.83 -9.55

Squarespace 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 €-36.1 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.


Squarespace  (STU:8DT) 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.

Squarespace's Interest Expense for the three months ended in Mar. 2024 was €-9.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was €-13.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €550.3 Mil.

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

Squarespace 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.


Squarespace (STU:8DT) Business Description

Traded in Other Exchanges
Address
225 Varick Street, 12th Floor, New York, NY, USA, 10014
Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.

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