What is Poshmark Interest Expense?
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poshmark's interest expense for the
three
months ended in Sep. 2022 was $ 0.0 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Sep. 2022 was $0.0 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. Poshmark's Operating Income for the
three
months ended in Sep. 2022 was $ -24.3 Mil. Poshmark's Interest Expense for the
three
months ended in Sep. 2022 was $ 0.0 Mil.
GuruFocus does not calculate Poshmark's interest coverage with the available data.
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.
Poshmark 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.
Poshmark (NAS:POSH) 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.
Poshmark's Interest Expense for the
three
months ended in Sep. 2022 was $0.0 Mil. Its
Operating Income
for the
three
months ended in Sep. 2022 was $-24.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the
three
months ended in Sep. 2022 was $4.5 Mil.
Poshmark's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as
| GuruFocus does not calculate Poshmark's interest coverage with the available data. |
* 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.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Poshmark Inc has enough cash to cover all of its debt. Its financial situation is stable.
Poshmark (Poshmark) Business Description
Traded in Other Exchanges
N/A
Address
203 Redwood Shores Parkway, 8th Floor, Redwood City, CA, USA, 94065
Poshmark is one of the largest players in a quickly growing e-commerce resale space, connecting more than 30 million active users on a platform that sells men's and women's apparel, accessories, shoes, and more recently consumer electronics and pet products. The marketplace operates in four countries--the U.S., Canada, Australia, and India--with a capital-light, peer-to-peer model that dovetails nicely with prevailing trends toward social commerce, apparel resale, and an ongoing pivot toward the e-commerce channel. With $1.8 billion in 2021 gross merchandise volume, or GMV, we estimate that the firm captured about 13%-14% of the domestic online resale market, with rolling lockdowns and tangled supply chains providing a meaningful impetus for channel trial during 2020 and 2021.
Executives
| Ebony Beckwith |
director |
203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065 |
| Rodrigo Brumana |
officer: Chief Financial Officer |
203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065 |
| John Michael Mcdonald |
officer: Chief Operating Officer |
C/O POSHMARK, INC., 203 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065 |
| Manish Chandra |
director, officer: President and CEO |
C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065 |
| Hans Tung |
director |
3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025 |
| Temasek Holdings (private) Ltd |
10 percent owner |
60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891 |
| Anderson Investments Pte. Ltd. |
10 percent owner |
60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891 |
| Thomson Capital Pte. Ltd. |
10 percent owner |
60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891 |
| Tembusu Capital Pte. Ltd. |
10 percent owner |
60B ORCHARD ROAD #06-18, THE ATRIUM@ORCHARD, SINGAPORE U0 238891 |
| Kapil Agrawal |
officer: Interim CFO |
203 REDWOOD SHORES PARKWAY, 8TH FLOOR, REDWOOD CITY CA 94065 |
| Ggv Capital V L.l.c. |
10 percent owner |
3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025 |
| Mv Management Xi, L.l.c. |
10 percent owner |
1300 EL CAMINO REAL, SUITE 150, MENLO PARK CA 94025 |
| Anan Kashyap |
officer: Chief Financial Officer |
C/O POSHMARK, INC., 203 REDWOOD SHORES PKWY 8TH FL, REDWOOD CITY CA 94065 |
| Menlo Ventures Xi, L.p. |
10 percent owner |
2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025 |
| John W Marren |
director |
301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
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