MoneyLion (MoneyLion) Interest Expense : $-28.0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is MoneyLion Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MoneyLion's interest expense for the three months ended in Mar. 2024 was $ -6.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-28.0 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. MoneyLion's Operating Income for the three months ended in Mar. 2024 was $ 11.1 Mil. MoneyLion's Interest Expense for the three months ended in Mar. 2024 was $ -6.8 Mil. MoneyLion's Interest Coverage for the quarter that ended in Mar. 2024 was 1.62. 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.

MoneyLion Interest Expense Historical Data

The historical data trend for MoneyLion'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.

MoneyLion Interest Expense Chart

MoneyLion Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-3.31

-2.95

-7.25

-29.80

-28.66

MoneyLion Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial												-7.51	-7.33	-7.09	-6.73	-6.82

MoneyLion 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 $-28.0 Mil.

MoneyLion (NYSE:ML) 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.

MoneyLion's Interest Expense for the three months ended in Mar. 2024 was $-6.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was $11.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $194.1 Mil.

MoneyLion'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	*	11.063	/	-6.817
	=	1.62

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

MoneyLion (MoneyLion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MoneyLion Inc (NYSE:ML) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 West 21st Street, 9th Floor, New York, NY, USA, 10010

Website

http://www.moneylion.com

MoneyLion Inc is a mobile banking and financial membership platform that empowers people to take control of their finances. It is a full-service digital platform to deliver mobile banking, lending, and investment solutions. The firm offers a personalized, all-in-one, digital financial platform that provides convenient, low-cost access to banking, borrowing, and investing solutions tailored for its customers, rooted in data, and delivered through its proprietary technology platform.

Executives

Diwakar Choubey	director, officer: President, CEO and Director	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Adam Vanwagner	officer: General Counsel	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Timmie Hong	officer: Chief Product Officer	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Richard Correia	officer: Chief Financial Officer	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
John C Chrystal	director	C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mark Torossian	officer: Chief Accounting Officer	1400 BROADWAY, 25TH FLOOR, NEW YORK NY 10018
Matthew Derella	director	C/O TWITTER, INC., 1355 MARKET STREET, SUITE 900, SAN FRANCISCO CA 94103
Jeff Gary	director, officer: Chief Financial Officer	390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Gregory Depetris	director	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Michael Paull	director	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Rohit Dsouza	10 percent owner	C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Chee Mun Foong	officer: Chief Technology Officer	30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010
Greenspring Global Partners Viii-c, L.p.	10 percent owner	100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Greenspring Global Partners Viii-a, L.p	10 percent owner	100 PAINTERS MILL ROAD, SUITE 700, OWINGS MILLS MD 21117
Rds Moneylion Holdings I, Llc	10 percent owner	C/O MONEYLION INC., 30 WEST 21ST STREET, 9TH FLOOR, NEW YORK NY 10010