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Appian (Appian) Interest Expense : $-17.9 Mil (TTM As of Dec. 2023)


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What is Appian Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Appian's interest expense for the three months ended in Dec. 2023 was $ -5.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-17.9 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. Appian's Operating Income for the three months ended in Dec. 2023 was $ -16.8 Mil. Appian's Interest Expense for the three months ended in Dec. 2023 was $ -5.1 Mil. Appian 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.


Appian Interest Expense Historical Data

The historical data trend for Appian'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.

Appian Interest Expense Chart

Appian Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 -0.48 -0.37 -1.67 -17.86

Appian Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.45 -3.12 -4.76 -4.92 -5.07

Appian 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-17.9 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.


Appian  (NAS:APPN) 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.

Appian's Interest Expense for the three months ended in Dec. 2023 was $-5.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-16.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $199.3 Mil.

Appian's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Appian 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.


Appian (Appian) Business Description

Traded in Other Exchanges
Address
7950 Jones Branch Drive, McLean, VA, USA, 22102
Appian is a low-code enterprise platform-as-a-service company focusing on business process management. The Appian platform is an integrated automation platform providing tools for organizations to design, automate, and optimize end-to-end processes and complex business operations. Capabilities include case management, robotic process automation, artificial intelligence, data fabric, and process mining. Most of Appian's revenue is subscription based with the remainder from services, with much of its subscription revenue being derived from its cloud-based platform, Appian Cloud.
Executives
Abdiel Qualified Master Fund Lp 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Christopher M Jones officer: Chief Revenue Officer 935 STEWART DR, SUNNYVALE CA 94085
Mark Matheos officer: Chief Accounting Officer 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Christopher Winters officer: General Counsel 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Abdiel Partners, Llc 10 percent owner C/O ABDIEL CAPITAL, 90 PARK AVENUE, FLOOR 29, NEW YORK NY 10016
Shirley Ann Edwards director 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Mark Steven Lynch officer: Chief Financial Officer 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Pavel Zamudio-ramirez officer: Chief Customer Officer 7950 JONES BRANCH DRIVE, MCLEAN VA 22102
Robert Charles Kramer director, officer: General Manager 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
William D. Mccarthy director 3111 CORONADO DRIVE, C/O INFOBLOX INC., SANTA CLARA CA 95054
Eric Calvin Cross officer: Chief Revenue Officer C/O APPIAN CORPORATION, 7950 JONES BRANCH DRIVE, TYSONS VA 22102
Biddle Albert G.w. Iii director, 10 percent owner 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael G Devine director 6480 DOBBIN ROAD, COLUMBIA MD 21045
Prashanth Boccassam director 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190
Michael J. Mulligan director 11955 DEMOCRACY DRIVE, SUITE 1700, RESTON VA 20190