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Sonder Holdings (Sonder Holdings) Interest Expense : $-23.1 Mil (TTM As of Sep. 2023)


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What is Sonder Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sonder Holdings's interest expense for the three months ended in Sep. 2023 was $ -6.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-23.1 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. Sonder Holdings's Operating Income for the three months ended in Sep. 2023 was $ -56.9 Mil. Sonder Holdings's Interest Expense for the three months ended in Sep. 2023 was $ -6.4 Mil. Sonder Holdings 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.


Sonder Holdings Interest Expense Historical Data

The historical data trend for Sonder Holdings'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.

Sonder Holdings Interest Expense Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Interest Expense
-1.13 -6.40 -44.09 -21.51

Sonder Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.11 -4.81 -5.71 -6.16 -6.42

Sonder Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-23.1 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.


Sonder Holdings  (NAS:SOND) 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.

Sonder Holdings's Interest Expense for the three months ended in Sep. 2023 was $-6.4 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-56.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $1,579.1 Mil.

Sonder Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Sonder Holdings did not have earnings to cover the interest expense.

* 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.


Sonder Holdings (Sonder Holdings) Business Description

Traded in Other Exchanges
Address
101 15th Street, San Francisco, CA, USA, 94103
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.
Executives
Christopher Michael Berry officer: Chief Accounting Officer C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Francis Davidson director, officer: Chief Executive Officer C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Philip L Rothenberg officer: General Counsel & Secretary C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Dominique Bourgault officer: Chief Financial Officer 6802 AZALEA WAY SE, SNOQUALMIE WA 98065
Prashant Aggarwal director C/O ARLO TECHNOLOGIES, INC., 350 EAST PLUMERIA DR, SAN JOSE CA 95134
Martin Picard officer: Global Head of Real Estate C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Nabeel A Hyatt director C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Gilda Perez-alvarado director C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Janice L. Sears director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Sanjay D Banker officer: President and CFO C/O SONDER HOLDINGS, INC., 101 15TH ST, SAN FRANCISCO CA 94103
Ritesh K Patel officer: VP, Controller C/O SONDER HOLDINGS INC., 101 15TH ST., SAN FRANCISCO CA 94103
Satyen J Pandya officer: Chief Technology Officer C/O SONDER HOLDINGS, INC., 101 15TH ST., SAN FRANCISCO CA 94103
Manon Brouillette director 40 AVENUE SPRINGGROVE, MONTREAL Z4 H3C 4M8