WEJOF (Wejo Group) Interest Expense: $-5.50 Mil (TTM As of Mar. 2023)


What is Wejo Group Interest Expense?

Wejo Group WEJOF Interest Expense is $-5.50 Mil as of Mar. 2023.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wejo Group's interest expense for the three months ended in Mar. 2023 was $ -1.49 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2023 was $-5.50 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. Wejo Group's Operating Income for the three months ended in Mar. 2023 was $ -25.91 Mil. Wejo Group's Interest Expense for the three months ended in Mar. 2023 was $ -1.49 Mil. Wejo Group 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.

Wejo Group  (OTCPK:WEJOF) 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.

Wejo Group's Interest Expense for the three months ended in Mar. 2023 was $-1.49 Mil. Its Operating Income for the three months ended in Mar. 2023 was $-25.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2023 was $36.87 Mil.

Wejo Group's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Wejo Group 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.

Wejo Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Wejo Group'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.

Wejo Group Interest Expense Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Expense
-0.00 -2.59 -9.60 -5.25

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.24 -1.27 -1.36 -1.37 -1.49

Wejo Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.50 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-5.50 Mil mean?
Wejo Group (WEJOF) has a Interest Expense of $-5.50 Mil as of Mar. 2023. Interest Expense is the amount a company pays on its long-term debt. View historical data on Wejo Group and its competitors.
Is Wejo Group's Interest Expense too high?
Wejo Group's current Interest Expense is $-5.50 Mil.
How does Wejo Group's Interest Expense compare to SOLS and BTOW?
Wejo Group's Interest Expense of $-5.50 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Software company?
A good Interest Expense depends on the Software industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Wejo Group and its competitors. Wejo Group's current Interest Expense is $-5.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current Interest Expense of $-5.50 Mil. The current Interest Expense is $-5.50 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Wejo Group (WEJOF), the current Interest Expense is $-5.50 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wejo Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.