Enghouse Systems (TSX:ENGH) Interest Expense : C$-0.7 Mil (TTM As of Jan. 2024)

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What is Enghouse Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Enghouse Systems's interest expense for the three months ended in Jan. 2024 was C$ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.7 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. Enghouse Systems's Operating Income for the three months ended in Jan. 2024 was C$ 22.4 Mil. Enghouse Systems's Interest Expense for the three months ended in Jan. 2024 was C$ -0.2 Mil. Enghouse Systems's Interest Coverage for the quarter that ended in Jan. 2024 was 149.02. 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.

Enghouse Systems Interest Expense Historical Data

The historical data trend for Enghouse Systems'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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Enghouse Systems Interest Expense Chart

Enghouse Systems Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

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-0.08

-1.33

-1.04

-0.74

-0.70

Enghouse Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-0.17	-0.19	-0.17	-0.16	-0.15

Enghouse Systems 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.7 Mil.

Enghouse Systems (TSX:ENGH) 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.

Enghouse Systems's Interest Expense for the three months ended in Jan. 2024 was C$-0.2 Mil. Its Operating Income for the three months ended in Jan. 2024 was C$22.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was C$5.3 Mil.

Enghouse Systems's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	22.353	/	-0.15
	=	149.02

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. Enghouse Systems Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Enghouse Systems (TSX:ENGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Enghouse Systems Ltd (TSX:ENGH) » Definitions » Interest Expense

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EGHSF:USA

Address

80 Tiverton Court, Suite 800, Markham, ON, CAN, L3R 0G4

Website

https://www.enghouse.com

Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. It earns majority of its revenue from Interactive Management Group. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific and other.

Executives

Sam Anidjar

Senior Officer