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CART (Maplebear) Interest Expense : $0 Mil (TTM As of Mar. 2025)


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What is Maplebear Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maplebear's interest expense for the three months ended in Mar. 2025 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was $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. Maplebear's Operating Income for the three months ended in Mar. 2025 was $ 110 Mil. Maplebear's Interest Expense for the three months ended in Mar. 2025 was $ 0 Mil. GuruFocus does not calculate Maplebear'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.


Maplebear Interest Expense Historical Data

The historical data trend for Maplebear'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.

Maplebear Interest Expense Chart

Maplebear Annual Data
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Maplebear Quarterly Data
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Maplebear 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $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.


Maplebear  (NAS:CART) 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.

Maplebear's Interest Expense for the three months ended in Mar. 2025 was $0 Mil. Its Operating Income for the three months ended in Mar. 2025 was $110 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was $9 Mil.

Maplebear's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

GuruFocus does not calculate Maplebear'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. Maplebear Inc has enough cash to cover all of its debt. Its financial situation is stable.


Maplebear Business Description

Traded in Other Exchanges
N/A
Address
50 Beale Street, Suite 600, San Francisco, CA, USA, 94105
Maplebear (Instacart) operates a leading grocery delivery platform in the United States and Canada. The company partners with various regional and national grocers, which offer their selection of food and other goods to customers through Instacart's ubiquitous platform. Once an item is ordered through Instacart's site, the item is picked and delivered to the customer's home by one of the platform's 600,000 shoppers, who are classified as independent contractors. Instacart earns fees based on average order value and leverages its platform's high usage to sell advertising, mainly to consumer-packaged goods companies. Instacart currently has about 8 million monthly active users (or orderers) on its platform.
Executives
Morgan Fong officer: General Counsel & Secretary C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Fidji Simo director, officer: President and CEO C/O SHOPIFY, INC., 151 O'CONNOR STREET, GROUND FLOOR, OTTAWA Z4 K2P 2L8
Alan Ramsay officer: Chief Accounting Officer C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR, SAN FRANCISCO CA 94105
Nick Giovanni officer: Chief Financial Officer C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105
Sequoia Capital Global Growth Fund Ii, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc Us (ttgp), Ltd. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xiv (q), L.p. 10 percent owner 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Ravi Gupta director, 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Jeffrey D Jordan director 2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Sequoia Capital Us/e Expansion Fund I, L.p. 10 percent owner 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Grosvenor Capital Management, L.p. other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm Special Opportunities Master Fund, Ltd. other: See Explanation of Responses PO BOX 309 UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
D1 Capital Partners L.p. director, 10 percent owner, other: See Remarks 9 WEST 57TH STREET, 36TH FLOOR, NEW YORK NY 10019
Gcm Grosvenor Inc. other: See Explanation of Responses 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Apoorva Mehta 10 percent owner C/O MAPLEBEAR INC., 50 BEALE STREET, SUITE 600, SAN FRANCISCO CA 94105