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Coupang, Inc. Interest Expense 2019-2024 | CPNG

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is Coupang, Inc.'s current interest expense?

Coupang, Inc. (CPNG) annual interest expense for 2023 was $48.0M, a 77.78% increase from 2022. Coupang, Inc. interest expense for the quarter ending March 31, 2024 was $27.0M.

What was Coupang, Inc.'s interest expense in 2022?

Coupang, Inc. annual interest expense for 2022 was $27.0M, a 40.00% decline from 2021.

What was Coupang, Inc.'s interest expense in 2021?

Coupang, Inc. annual interest expense for 2021 was $45.0M, a 58.24% decline from 2020.

What is Coupang, Inc.'s 4-year interest expense CAGR?

Coupang, Inc. interest expense grew at a compound annual growth rate (CAGR) of 16.11% from FY2019 to FY2023, going from $96.9M to $48.0M over 4 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-16.1%
FY2019
$96.9M
FY2023
$48.0M
1920212223
4 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$48.0M+77.8%10-K
FY2022$27.0M-40.0%10-K
FY2021$45.0M-58.2%10-K
FY2020$107.8M+11.2%10-K
FY2019$96.9M-10-K
Company: Coupang, Inc.Ticker: CPNGSector: ConsumerIndustry: Retail-Catalog & Mail-Order HousesView company profile →