AudioCodes (AudioCodes) Interest Expense : $-1.9 Mil (TTM As of Mar. 2024)

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What is AudioCodes Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AudioCodes's interest expense for the three months ended in Mar. 2024 was $ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.9 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. AudioCodes's Operating Income for the three months ended in Mar. 2024 was $ 3.3 Mil. AudioCodes's Interest Expense for the three months ended in Mar. 2024 was $ 0.0 Mil. GuruFocus does not calculate AudioCodes's interest coverage with the available data. 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.

AudioCodes Interest Expense Historical Data

The historical data trend for AudioCodes'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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AudioCodes Interest Expense Chart

AudioCodes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.20

-0.66

-0.62

-0.33

-1.57

AudioCodes Quarterly Data
	Jun19	Sep19	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															-	-	-	-1.89	-

AudioCodes 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 $-1.9 Mil.

AudioCodes (NAS:AUDC) 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.

AudioCodes's Interest Expense for the three months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $31.4 Mil.

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

GuruFocus does not calculate AudioCodes's interest coverage with the available data.

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

AudioCodes (AudioCodes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AudioCodes Ltd (NAS:AUDC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AUDC:Israel AU1:Germany

Address

1 Hayarden Street, Airport City Lod, Tel Aviv, ISR, 7019900

Website

https://www.audiocodes.com

AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.

Executives

George Soros	10 percent owner	C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Soros Fund Management Llc	10 percent owner	250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Robert Soros	10 percent owner	C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 38, NEW YORK NY 10019
Soros Jonathan T Allan	10 percent owner	C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106