ATOSS Software AG (XTER:AOF) Interest Coverage : 661.57 (As of Dec. 2023)

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What is ATOSS Software AG Interest Coverage?

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 by its Interest Expense. ATOSS Software AG's Operating Income for the six months ended in Dec. 2023 was €29.1 Mil. ATOSS Software AG's Interest Expense for the six months ended in Dec. 2023 was €-0.0 Mil. ATOSS Software AG's interest coverage for the quarter that ended in Dec. 2023 was 661.57. 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. ATOSS Software AG has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for ATOSS Software AG's Interest Coverage or its related term are showing as below:

XTER:AOF' s Interest Coverage Range Over the Past 10 Years
Min: 10.22 Med: 131.59 Max: 222.73
Current: 222.73

XTER:AOF's Interest Coverage is ranked better than
74.28% of 1602 companies
in the Software industry
Industry Median: 29.315 vs XTER:AOF: 222.73

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ATOSS Software AG Interest Coverage Historical Data

The historical data trend for ATOSS Software AG's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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ATOSS Software AG Interest Coverage Chart

ATOSS Software AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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89.65

143.03

169.27

188.22

222.73

ATOSS Software AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															230.52	130.19	292.47	124.72	661.57

Competitive Comparison of ATOSS Software AG's Interest Coverage

For the Software - Application subindustry, ATOSS Software AG's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ATOSS Software AG's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, ATOSS Software AG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ATOSS Software AG's Interest Coverage falls into.

ATOSS Software AG Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ATOSS Software AG's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, ATOSS Software AG's Interest Expense was €-0.2 Mil. Its Operating Income was €53.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.1 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	53.679	/	-0.241
	=	222.73

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

Here, for the six months ended in Dec. 2023, ATOSS Software AG's Interest Expense was €-0.0 Mil. Its Operating Income was €29.1 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.1 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	29.109	/	-0.044
	=	661.57

The higher the ratio, the stronger the company's Financial Strength is.

ATOSS Software AG (XTER:AOF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

ATOSS Software AG Interest Coverage Related Terms

Thank you for viewing the detailed overview of ATOSS Software AG's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

ATOSS Software AG (XTER:AOF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ATOSS Software AG (XTER:AOF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

AOF:Germany AOF:Germany AOF:Germany

Address

Rosenheimer Street 141 h, Munich, DEU, 81671

Website

https://www.atoss.com

ATOSS Software AG supplies technical and consulting solutions for professional workforce management and demand-driven workforce deployment. From conventional working time management to mobile apps, detailed workforce forecasting, sophisticated workforce scheduling or strategic capacity and demand schedules, the company offers its customers various solutions in the cloud or on-premises. It generates sales revenues from licensing software products to end-users or to resellers, from cloud subscriptions, maintenance contracts, consulting services, the sale of hardware as well as from providing other goods and services.

Executives

Andreas F.j. Obereder	Board of Directors
Dirk Häußermann	Board of Directors
Andreas F. J. Obereder	Board of Directors

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