Arco Platform (Arco Platform) Interest Expense : $-98.2 Mil (TTM As of Jun. 2023)

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What is Arco Platform Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arco Platform's interest expense for the three months ended in Jun. 2023 was $ -30.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-98.2 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. Arco Platform's Operating Income for the three months ended in Jun. 2023 was $ -8.2 Mil. Arco Platform's Interest Expense for the three months ended in Jun. 2023 was $ -30.4 Mil. Arco Platform 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.

Arco Platform Interest Expense Historical Data

The historical data trend for Arco Platform'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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Arco Platform Interest Expense Chart

Arco Platform Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

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Dec21

Dec22

Interest Expense

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-2.52

-10.89

-17.74

-32.48

-83.21

Arco Platform Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Interest Expense	Get a 7-Day Free Trial															-47.25	-23.04	-22.53	-22.20	-30.41

Arco Platform 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-98.2 Mil.

Arco Platform (NAS:ARCE) 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.

Arco Platform's Interest Expense for the three months ended in Jun. 2023 was $-30.4 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-8.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $375.9 Mil.

Arco Platform's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Arco Platform did not have earnings to cover the interest expense.

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

Arco Platform (Arco Platform) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arco Platform Ltd (NAS:ARCE) » Definitions » Interest Expense

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Address

Rua Augusta 2840, 9th Floor, Suite 91, Consolacao, Sao Paulo, SP, BRA, 01412-100

Website

https://www.arcoeducacao.com.br

Arco Platform Ltd provides a complete pedagogical system with technology-enabled features to deliver educational content to private schools in Brazil. Its turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process. Its operating segment includes Core Curriculum and Supplemental Solutions. It generates maximum revenue from the Core Curriculum segment. The Core Curriculum business segment provides solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. Students Access content in various formats, such as digital, video, print, and other audiovisual formats that are aligned with the daily curriculum of their classes.