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Aspen Technology Inc (NAS:AZPN)
Interest Expense
$-1.2 Mil (TTM As of Sep. 2016)

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aspen Technology Inc's interest expense for the six months ended in Sep. 2016 was $-0.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-1.2 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. Aspen Technology Inc's Operating Income for the six months ended in Sep. 2016 was $54.7 Mil. Aspen Technology Inc's Interest Expense for the six months ended in Sep. 2016 was $-0.9 Mil. Aspen Technology Inc's interest coverage for the quarter that ended in Sep. 2016 was 62.98. 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.


Definition

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aspen Technology Inc Interest Expense for the trailing twelve months (TTM) ended in Sep. 2016 was $-1.2 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.

Aspen Technology Inc's interest expense for the six months ended in Sep. 2016 was $-0.9 Mil. Its operating income for the six months ended in Sep. 2016 was $54.7 Mil. And its Long-Term Debt for the six months ended in Sep. 2016 was $0.0 Mil.

Aspen Technology Inc's Interest Coverage for the quarter that ended in Sep. 2016 is calculated as

Interest Coverage=-1*Operating Income (Q: Sep. 2016 )/Interest Expense (Q: Sep. 2016 )
=-1*54.73/-0.869
=62.98

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Aspen Technology Inc Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
Interest Expense -18.6-17.8-10.5-8.5-5.1-4.2-0.4-0.0-0.0-1.2

Aspen Technology Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Interest Expense -0.0-0.0-0.0-0.0-0.0-0.0-0.0-0.3-0.9-0.9
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