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

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What is Wejo Group Interest Expense?

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 Interest Expense Historical Data

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.

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Wejo Group Interest Expense Chart

Wejo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-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							-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.

Wejo Group (OTCPK:WEJWF) 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.

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.

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

Wejo Group (Wejo Group) Business Description

Industry

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Traded in Other Exchanges

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Address

22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12

Website

https://www.wejo.com

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.