Engagesmart (Engagesmart) Interest Expense : $-0.5 Mil (TTM As of Sep. 2023)

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What is Engagesmart Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Engagesmart's interest expense for the three months ended in Sep. 2023 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.5 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. Engagesmart's Operating Income for the three months ended in Sep. 2023 was $ 3.8 Mil. Engagesmart's Interest Expense for the three months ended in Sep. 2023 was $ -0.1 Mil. Engagesmart's Interest Coverage for the quarter that ended in Sep. 2023 was 28.19. 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.

Engagesmart Interest Expense Historical Data

The historical data trend for Engagesmart'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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Engagesmart Interest Expense Chart

Engagesmart Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-9.91

-8.23

-0.48

Engagesmart Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial									-0.12	-0.12	-0.12	-0.12	-0.14

Engagesmart 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 $-0.5 Mil.

Engagesmart (NYSE:ESMT) 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.

Engagesmart's Interest Expense for the three months ended in Sep. 2023 was $-0.1 Mil. Its Operating Income for the three months ended in Sep. 2023 was $3.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $23.7 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	3.806	/	-0.135
	=	28.19

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

Engagesmart (Engagesmart) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Engagesmart Inc (NYSE:ESMT) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

30 Braintree Hill Office Park, Suite 101, Braintree, MA, USA, 02184

Website

https://www.engagesmart.com

Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers' engagement with clients by driving digital adoption and self-service. Its operating segments include Enterprise Solutions and SMB Solution.

Executives

Kevin William O'brien	officer: See Remarks	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Seltzer Jonathan Cole	officer: President, SMB Solutions	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Patrick F Donovan	officer: Chief Accounting Officer	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Robert Paul Bennett	director, officer: Chief Executive Officer	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Cassandra Hudson	officer: Chief Financial Officer	C/O CARBONITE, INC., 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
General Atlantic Partners (bermuda) Eu, L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Summit Partners Growth Equity Fund Viii-a, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
General Atlantic Genpar (bermuda), L.p.	director, 10 percent owner	C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
Scott C Collins	10 percent owner	C/O SUMMIT PARTNERS, 222 BERKELEY ST 18TH FL, BOSTON MA 02116
General Atlantic Genpar, L.p.	director, 10 percent owner	55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Diego A Rodriguez	director	C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Scott N Semel	officer: General Counsel
Summit Partners Entrepreneur Advisors Fund I, L.p.	10 percent owner	222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Raphael Osnoss	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024