Cloudflare (Cloudflare) Interest Expense : $-5 Mil (TTM As of Mar. 2024)

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What is Cloudflare Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cloudflare's interest expense for the three months ended in Mar. 2024 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-5 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. Cloudflare's Operating Income for the three months ended in Mar. 2024 was $ -55 Mil. Cloudflare's Interest Expense for the three months ended in Mar. 2024 was $ -1 Mil. Cloudflare 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.

Cloudflare Interest Expense Historical Data

The historical data trend for Cloudflare'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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Cloudflare Interest Expense Chart

Cloudflare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-1.11

-24.96

-49.23

-4.98

-5.87

Cloudflare Quarterly Data
	Jun19	Sep19	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															-2.13	-1.54	-1.14	-1.07	-1.10

Cloudflare 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 $-5 Mil.

Cloudflare (NYSE:NET) 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.

Cloudflare's Interest Expense for the three months ended in Mar. 2024 was $-1 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,397 Mil.

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

Cloudflare did not have earnings to cover the interest expense.

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

Cloudflare (Cloudflare) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NET:Mexico 0A3Z:UK 8CF:Germany 8CF:Germany

Address

101 Townsend Street, San Francisco, CA, USA, 94107

Website

https://www.cloudflare.com

Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.

Executives

Michelle Zatlyn	director, officer: Chief Operating Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Thomas J Seifert	officer: Chief Financial Officer	101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Carl Ledbetter	director, 10 percent owner	2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Matthew Prince	director, 10 percent owner, officer: CEO and Chair of the Board	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Douglas James Kramer	officer: General Counsel	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Scott D Sandell	director, 10 percent owner
Katrin Suder	director	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Janel Riley	officer: Chief Accounting Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Paul D. Underwood	officer: Chief Accounting Officer	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Mark J Hawkins	director	C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Maria S Eitel	director	C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Stanley J Meresman	director	2071 HUNTINGTON LANE, LOS ALTOS CA 94024
Forest Baskett	10 percent owner
Patrick J Kerins	10 percent owner
Venrock Associates V Lp	10 percent owner	3340 HILLVIEW AVENUE, PALO ALTO CA 94304