QuantumScape (QuantumScape) Interest Expense : $-2.35 Mil (TTM As of Mar. 2024)

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What is QuantumScape Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. QuantumScape's interest expense for the three months ended in Mar. 2024 was $ -0.57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.35 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. QuantumScape's Operating Income for the three months ended in Mar. 2024 was $ -131.90 Mil. QuantumScape's Interest Expense for the three months ended in Mar. 2024 was $ -0.57 Mil. QuantumScape 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.

QuantumScape Interest Expense Historical Data

The historical data trend for QuantumScape'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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QuantumScape Interest Expense Chart

QuantumScape Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.09

-20.77

-1.42

-2.40

-2.38

QuantumScape Quarterly Data
	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													-0.60	-0.60	-0.59	-0.58	-0.57

QuantumScape 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 $-2.35 Mil.

QuantumScape (NYSE:QS) 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.

QuantumScape's Interest Expense for the three months ended in Mar. 2024 was $-0.57 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-131.90 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $90.57 Mil.

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

QuantumScape did not have earnings to cover the interest expense.

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

QuantumScape (QuantumScape) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » QuantumScape Corp (NYSE:QS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

QS:Mexico

Address

1730 Technology Drive, San Jose, CA, USA, 95110

Website

https://www.quantumscape.com

QuantumScape Corp is engaged in the development of next-generation solid-state lithium-metal batteries for use in electric vehicles. It developed an anode-less cell design, which delivers high energy density while lowering material costs and simplifying manufacturing.

Executives

Jurgen Leohold	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Mohit Singh	officer: Chief Development Officer	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Kevin Hettrich	officer: Chief Financial Officer	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Jeffrey B Straubel	director	C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Mccarthy Michael O Iii	officer: Chief Legal Officer	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Srinivasan Sivaram	officer: President	C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Timothy Holme	officer: Chief Technology Officer	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Gena C Lovett	director	11324 FOX CREEK FARM WAY, GREAT FALLS VA 22066
Jagdeep Singh	director, 10 percent owner, officer: Chief Executive Officer, other: Chairman	C/O INFINERA CORPORATION, 169 JAVA DRIVE, SUNNYVALE CA 94089
Dipender Saluja	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Fritz Prinz	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Susan Huppertz	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Justin E Mirro	director, 10 percent owner, officer: See Remarks	40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeneanne Michelle Hanley	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Brad W Buss	director	198 CHAMPION COURT, SAN JOSE CA 95134