EverCommerce (EverCommerce) Interest Expense : $-37.0 Mil (TTM As of Mar. 2024)

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What is EverCommerce Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. EverCommerce's interest expense for the three months ended in Mar. 2024 was $ -5.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-37.0 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. EverCommerce's Operating Income for the three months ended in Mar. 2024 was $ 6.6 Mil. EverCommerce's Interest Expense for the three months ended in Mar. 2024 was $ -5.8 Mil. EverCommerce's Interest Coverage for the quarter that ended in Mar. 2024 was 1.14. 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.

EverCommerce Interest Expense Historical Data

The historical data trend for EverCommerce'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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EverCommerce Interest Expense Chart

EverCommerce Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-40.00

-41.55

-36.11

-33.90

-46.41

EverCommerce Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial													-15.19	-4.76	-6.67	-19.79	-5.79

EverCommerce 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-37.0 Mil.

EverCommerce (NAS:EVCM) 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.

EverCommerce's Interest Expense for the three months ended in Mar. 2024 was $-5.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was $6.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $525.6 Mil.

EverCommerce's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	6.611	/	-5.791
	=	1.14

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

EverCommerce (EverCommerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EverCommerce Inc (NAS:EVCM) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

3601 Walnut Street, Suite 400, Denver, CO, USA, 80205

Website

https://www.evercommerce.com

EverCommerce Inc service commerce platform, providing vertically tailored, integrated SaaS solutions that support the diverse workflows and customer interactions that professionals in home services, health services, and fitness & wellness services need to automate manual processes, generate new business, and create more loyal customers. It has its geographic presence in United States and in International markets.

Executives

Evan Berlin	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Sarah Michelle Jordan	officer: Chief Marketing Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Eric Richard Remer	director, officer: Chief Executive Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Matthew David Feiersrtein	officer: President	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Lisa E Storey	officer: General Counsel	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Marc Christopher Thompson	officer: Chief Financial Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Shane Driggers	officer: Chief Human Resources Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Debby Soo	director	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Samuel Christopher Alaimo	officer: Chief Technology Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Ryan H Siurek	officer: Chief Accounting Officer	6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Lee Dabberdt	officer: Chief Accounting Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
John Rudella	director	C/O SILVER LAKE, 2776 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Lisa M. Sterling	officer: Chief Admin and HR Officer	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
De Souza Stone Koffi	officer: Chief Operating Officer	C/O EVERCOMMERCE INC., 3601 WALNUT STREET, SUITE 400, DENVER CO 80205
Richard A Simonson	director	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134