Coupang (MEX:CPNG) Interest Expense : MXN-2,669 Mil (TTM As of Dec. 2024)

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What is Coupang Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coupang's interest expense for the three months ended in Dec. 2024 was MXN -834 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was MXN-2,669 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. Coupang's Operating Income for the three months ended in Dec. 2024 was MXN 6,507 Mil. Coupang's Interest Expense for the three months ended in Dec. 2024 was MXN -834 Mil. Coupang's Interest Coverage for the quarter that ended in Dec. 2024 was 7.80. 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.

Coupang Interest Expense Historical Data

The historical data trend for Coupang'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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Coupang Interest Expense Chart

Coupang Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-2,143.60

-923.13

-526.39

-814.76

-2,919.80

Coupang Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-237.64	-448.10	-677.84	-708.85	-834.23

Coupang 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,669 Mil.

Coupang (MEX:CPNG) 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.

Coupang's Interest Expense for the three months ended in Dec. 2024 was MXN-834 Mil. Its Operating Income for the three months ended in Dec. 2024 was MXN6,507 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was MXN57,520 Mil.

Coupang's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	6506.978	/	-834.228
	=	7.80

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

Coupang Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Coupang Inc (MEX:CPNG) » Definitions » Interest Expense

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Traded in Other Exchanges

CPNG:USA 788:Germany

Address

720 Olive Way, Suite 600, Seattle, WA, USA, 05510

Website

https://www.aboutcoupang.com

Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the us, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into provision of its Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.